Trump Says Venezuelan Oil Will Restock America's Emergency Oil Reserve

Trump said Venezuelan oil from a new deal will restock America's Strategic Petroleum Reserve — a government-owned emergency oil supply kept for crises. It sits near a 44-year low at roughly 290 million barrels after both Biden and Trump drew it down. He called the oil "a Gift from Venezuela to the People of the United States." Restocking begins soon, though the reserve has never recently used foreign oil.