Washington administration is thinking of tapping into its oil reserves

The Trump administration plans to tap into the strategic oil reserves of the United States to mitigate the impact on prices of new sanctions against Venezuela, government sources said on Tuesday.

"No decision has yet been taken", he was said.

The government imposed Monday sanctions against the Venezuelan oil company PDVSA in order to pressure President Nicholas Maduro.

Underlying strategic reserves on the Louisiana and Texas coasts currently contain 649.1 million barrels of crude oil.

Using it is not imminent, but the role of the reserves is to be taken into account when the administration questions the balance of the world market since it stores more crude than is required under international agreements. , the source said.

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