Trump Announces a Venezuela Oil Deal and Plans to Refill the Strategic Reserve
President Trump said he has brokered a deal giving the United States access to Venezuelan oil reserves, describing it as the largest oil agreement in history. He told reporters Sunday that some of the crude would be used to refill the Strategic Petroleum Reserve, which sits near record lows. The White House has released few details, and analysts note that major infrastructure hurdles stand between the 65 billion barrels across 17 fields and any relief at the pump.
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