{"id":2652028,"date":"2026-08-30T21:58:02","date_gmt":"2026-08-31T01:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-says-venezuelan-oil-will-replenish-strategic-petroleum-reserves\/"},"modified":"2026-08-30T22:00:32","modified_gmt":"2026-08-31T02:00:32","slug":"trump-says-venezuelan-oil-will-replenish-strategic-petroleum-reserves","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-says-venezuelan-oil-will-replenish-strategic-petroleum-reserves\/","title":{"rendered":"Trump says Venezuelan oil will replenish Strategic Petroleum Reserves"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-says-venezuelan-oil-will-replenish-strategic-petroleum-reserves%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2652028&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Donald Trump announced that the United States will use Venezuelan oil to replenish its Strategic Petroleum Reserves following a significant deal with Venezuela. He stated that, due to actions taken during the Biden governance which depleted the reserves, this new deal will restore over 65 billion barrels of oil to the reserves, which had hit thier lowest level in 44 years. The deal involves US control over Venezuela&#8217;s large oil reserves and is expected to increase oil supply and lower gas prices for Americans, strengthening US-Venezuela relations. This move comes <a href=\"https:\/\/amzn.to\/3YuVZYV\" >amid ongoing high oil prices caused<\/a> by global shipping disruptions and political tensions, impacting <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-considers-trip-to-saudi-arabia-as-gas-prices-hit-all-time-highs\/\" title=\"Biden Considers Trip to Saudi Arabia as Gas Prices Hit All-Time Highs\">domestic gas prices<\/a> ahead of the upcoming midterm elections. The deal also followed a U.S. military operation in Venezuela that resulted in the capture of Nicol\u00e1s Maduro.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p class=\"wp-block-paragraph\">President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\">Donald Trump<\/a> said on Sunday that <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/venezuela\/\">Venezuelan<\/a> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/oil\/\">oil<\/a> will replenish the United States\u2019s Strategic Petroleum Reserves after announcing a historic deal with the country on Friday.<\/p>\n<p class=\"wp-block-paragraph\">\u201cOne of the things I am going to do with the Venezuela Oil is fill up the Strategic National Reserves,\u201d <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/117184857420534704\">Trump said<\/a>, \u201cwhich, because of Sleepy Joe Biden, has been virtually emptied. The \u2018topping out\u2019 process will begin very shortly, and is a Gift from Venezuela to the People of the United States.\u201d<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4705688\/trump-venezuelan-oil-replenish-strategic-petroleum-reserves\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump says Venezuelan oil will replenish Strategic Petroleum Reserves<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4705633\/google-maps-lake-america-trump-executive-order\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Google Maps adopts \u2018Lake America\u2019 after Trump executive order<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4705532\/trump-report-kristen-welker-fcc-endorsement-record\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump reports NBC\u2019s Kristen Welker to FCC for \u2018rebuke and punishment\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">The U.S. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4705005\/trump-venezuela-oil-deal-65-billion-barrels-in-reserves\/\">assumed significant<\/a> control of Venezuela after a military operation in January in which dictator <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/nicolas-maduro\/\">Nicolas Maduro<\/a> was captured by U.S. forces and brought to the U.S. The South American country, which is estimated to have the largest oil reserves in the world, saw its oil industry stagnate under Maduro\u2019s socialist reign.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">Trump\u2019s announcement on Friday came as oil prices have remained high for months as a byproduct of disrupted global shipping through the Strait of Hormuz due to the conflict in Iran. Domestic gas prices have surfaced nationally as a roadblock for Republicans hoping to get elected in November\u2019s <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/2026-election\/\">midterm elections<\/a>, which are almost two months away.<\/p>\n<p class=\"wp-block-paragraph\">\u201cAt my direction,\u201d Trump said in the announcement of the deal, \u201cSecretary of State Marco Rubio, and Secretary of War Pete Hegseth, working closely with Highly Respected Interim President of Venezuela, Delcy Rodriguez, and, through a partnership with private business, have secured majority U.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.\u201d<\/p>\n<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4705005\/trump-venezuela-oil-deal-65-billion-barrels-in-reserves\/\"><strong>TRUMP ANNOUNCES MASSIVE OIL DEAL WITH VENEZUELA FOR OVER 65 BILLION BARRELS IN RESERVES<\/strong><\/a><\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">The Strategic Petroleum Reserve <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy-and-environment\/4698226\/strategic-petroleum-reserve-hits-lowest-level-1982\/\">hit its lowest level<\/a> in 44 years two weeks ago as the Trump administration continues to release crude oil to stabilize prices. The Trump administration has largely blamed former President Joe Biden for the depleted reserves, as he approved the release of almost 200 million barrels of crude oil after Russia invaded Ukraine in 2022.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThis Historic Transaction\u2026 greatly increases our Oil Supply, and will substantially lower Gas Prices for all Americans, long into the future,\u201d Trump also said in the announcement. \u201cThis transaction will greatly strengthen the already growing relationship between Venezuela and the United States.\u201d<\/p>\n<\/div>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump: Venezuelan oil will refill U.S. reserves, Biden&#8217;s fault<\/p>\n","protected":false},"author":3238,"featured_media":2652029,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/trump-venezuela-oil-deal.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[36468,84896,3634,84897,70311],"class_list":["post-2652028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-energy-policy","tag-strategic-petroleum-reserves","tag-trump","tag-us-oil-storage","tag-venezuelan-oil"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/08\/trump-venezuela-oil-deal.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2652028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3238"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2652028"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2652028\/revisions"}],"predecessor-version":[{"id":2652032,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2652028\/revisions\/2652032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2652029"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2652028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2652028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2652028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}