Trump Promises to 'Fill Up' SPR After US Venezuela Oil Deal The United States has agreed to purchase crude oil from Venezuela, a deal that marks a significant shift in policy for the Trump administration.
This development sends shockwaves through global energy markets, with far reaching implications for the world's most important commodity.
What's at Stake: Understanding the US Venezuela Oil Deal Venezuela's oil production has plummeted due to decades of mismanagement and corruption under Hugo Chávez's regime.