Why filling the Strategic Petroleum Reserve could be the secret to success of Trump’s Middle East visit

Quick Summary:

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on prices.

That's because the barrels would be kept out of commercial marketplaces and have a limited impact on worldwide supply and demand.“I know this has not been talked much about in his visit, but I can clearly see a strategic play," Sahdev told Fortune.

Relying on more barrels from select OPEC nations also gives Trump more leeway with oil sanctions on key producers Venezuela, Iran, and Russia.

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Article Details

Author / Journalist: Jordan Blum

Category: EconomyBusiness

Markets: United StatesVenezuela

Topics: Saudi Arabia OPEC Crude oil Donald Trump Gasoline UAE Saudi Aramco

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 17:46:43 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 948 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 237 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28750626

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Official Website: fortune.com

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