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Trump Admin Considers Venezuelan Oil Swap to Fill Strategic Petroleum Reserve
by William Upton, The National Pulse: WHAT HAPPENED: The Trump administration is considering an agreement to exchange heavy Venezuelan oil for U.S. medium-sour crude to fill the U.S. Strategic Petroleum Reserve (SPR). ?WHO WAS INVOLVED: The U.S. Department of Energy, President Donald J. Trump, U.S. oil companies, and Venezuela. ?WHEN & WHERE: The proposal was first reported on Friday, January 16, 2026. ?IMPACT: The […]
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