Will the Venezuela oil deal help lower gas prices?
President Trump announced a "historic" oil deal with Venezuela that he claims will give the U.S. majority control of the country's oil reserves and lower gas prices. However, experts suggest any impact on gas prices is unlikely in the short term, with significant investment needed to upgrade Venezuela's refining capabilities, a process that could take years.
This deal could reshape global energy markets and potentially impact domestic gas prices, though the timeline for any significant effect remains uncertain.
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