Trump Says Venezuelan Oil Will Be Used to Fill Up Strategic Petroleum Reserve
The United States and Venezuela announced a deal for Washington to control 65 billion barrels of the South American country’s oil reserves.
TL;DR
- The U.S. will use Venezuelan oil to fill the Strategic National Reserve.
- The reserve has fallen to near-record lows.
- President Trump described the oil as a 'Gift from Venezuela to the People of the United States.'
- The U.S. government will gain control of around 65 billion barrels of Venezuela's oil reserves.