Trump said his deal with Venezuela would lower gas prices. Will it?

Energy,Oil,Oil Prices,Oil Production,Global Oil Supply,Venezuela,Donald Trump,Gas Prices

Posted on AllSides September 1, 2026

The Washington Post

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Analysis

President Donald Trump is touting the deal to acquire a vast stake in Venezuela's oil reserves as a game-changing breakthrough that will drive down prices at the pump and begin to refill depleted emergency government oil inventories in the United States.

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