Trump to use Venezuelan oil to refill US petroleum reserve; details of deal remain unclear

Aug 30, 2026 - 09:45
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Trump to use Venezuelan oil to refill US petroleum reserve; details of deal remain unclear
Trump said the deal would give the US a stake in Venezuela's vast oil reserves and help revive the country's battered energy industry. The agreement follows the US capture of former Venezuelan President Nicolás Maduro in January. Maduro was taken to New York to face federal drug-trafficking charges.

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