# Explainer: Venezuela’s heavy crude could be swapped for American oil to fill emergency reserve, Wright says

https://mins.news/en/item/43446

- Reuters, 2026-09-03 09:45 UTC
- Economy
- Original: https://www.reuters.com/business/energy/venezuelas-heavy-crude-could-be-swapped-american-oil-fill-emergency-reserve-2026-09-03/?link_source=ta_bluesky_link&taid=6a9941a86f8211000116541e

> U.S. President Donald Trump said oil from a recent deal with Venezuela would replenish the Strategic Petroleum Reserve and that the process would begin soon. Energy Secretary Chris Wright, visiting Venezuela on Wednesday, suggested the swap may be more complicated than Trump indicated.

## Stories

- [US Venezuela Oil and Diplomatic Relations](https://mins.news/en/topic/us-venezuela-oil-relations) — Markdown: https://mins.news/en/topic/us-venezuela-oil-relations.md

## Related coverage

- [US Energy Secretary: Venezuelan Crude Could Help Replenish Strategic Oil Reserve](https://mins.news/en/video/46355) — VOA Chinese, 2026-09-05
- [Trump ally defends Venezuela oil deal amid ‘gunpoint diplomacy’ criticism](https://mins.news/en/item/42198) — The Guardian, 2026-09-02
- [The US is gobbling up Venezuelan oil, but will it lower fuel prices?](https://mins.news/en/item/41922) — Al Jazeera, 2026-09-02
