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Why filling the Strategic Petroleum Reserve could be the secret to Trump's Middle East success

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on prices.
The article from Fortune discusses how President Trump's visit to the Middle East in 2017 could be strategically linked to the replenishment of the U.S. Strategic Petroleum Reserve (SPR). The SPR, which was at its lowest level in nearly 20 years, could be refilled with oil from Middle Eastern countries, potentially strengthening diplomatic ties and supporting oil prices. The article suggests that by purchasing oil to fill the SPR, the U.S. could help stabilize global oil markets, benefit oil-producing countries in the region, and achieve a geopolitical win by fostering better relationships with key Middle Eastern allies. This move could also be seen as a way to counterbalance the influence of other global powers in the region.

Read the Full Fortune Article at:
[ https://fortune.com/article/why-filling-the-strategic-petroleum-reserve-could-be-the-secret-to-success-of-trumps-middle-east-visit/ ]