Donald Trump plans to replenish US oil reserves with Venezuelan crude
- Posted on August 30, 2026
- By Business News Today
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Donald Trump plans to replenish US oil reserves with Venezuelan crude
Donald Trump announced plans to refill the Strategic Petroleum Reserve. He stated Venezuelan oil would be used for this replenishment effort. The reserve was significantly depleted during the previous administration's actions. This move signals a potential shift in US-Venezuela energy relations. The process of refilling the reserve is expected to begin shortly.
