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Experts Doubt Trump’s Venezuela Oil Deal Will Lower Fuel Prices Soon

The Trump administration’s agreement with Venezuela to develop seventeen major oil fields has drawn skepticism from energy analysts who question whether increased production will quickly reduce domestic gasoline costs. Market observers also note that the deal leaves critical financial and geopolitical uncertainties unresolved.

1 Sept, 09:13 — 1 Sept, 09:13
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Sources

Showing 1 of 3 sources
hindustan-timesMostly Factual9h ago

17 oil fields, 65 billion barrels: Inside Trump’s Venezuela deal and why it may not lower gas prices anytime soon

Venezuela’s acting president, Delcy Rodríguez, described the deal as a step toward economic recovery that would modernise the country’s oil industry.

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Coverage Timeline

First report: Yahoo · 31 Aug, 15:53Full coverage: 3 · 17hWindow: 17h
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Yahoo31 Aug, 15:53First to report

Trump’s Venezuela Deal Leaves $100 Billion Question Unanswered

8h later
tagesschau31 Aug, 23:43

Öl-Deal der USA mit Venezuela: Experten bezweifeln Trumps Versprechen

9h later
hindustan-times1 Sept, 09:13Latest update

17 oil fields, 65 billion barrels: Inside Trump’s Venezuela deal and why it may not lower gas prices anytime soon

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