Trump Says Venezuelan Oil Will Refill US Strategic Reserves

In a statement on his social media account regarding the oil deal reached with Venezuela, Trump said one of the things he will do with Venezuelan oil is refill the strategic petroleum reserves. He said the process will begin very soon, describing it as a gift from Venezuela to the American people. Trump's remarks come as his administration has pursued closer energy ties with Venezuela despite past tensions between the two countries.

The strategic petroleum reserve is an emergency stockpile of crude oil maintained by the U.S. Department of Energy, and its levels have been a point of political debate in Washington. The deal with Venezuela marks a shift in U.S. energy policy, as the country had previously faced sanctions under both the Trump and Biden administrations.