Published Sep 4, 2026, 9:30 AM ET · Updated 2 months ago · 1 source
US-Venezuela oil deal could bolster US economic security and geopolitical options
Youtube
·
Original Report
The US-Venezuela oil deal, involving the purchase of Venezuelan oil at concessional rates and swapping it for US crude to refill the SPR, is a strategic move that could bolster US economic security by maintaining a large oil reserve and provide more geopolitical options in a turbulent world, potentially without requiring new congressional appropriations.