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The US is gobbling up Venezuelan oil, but will it lower fuel prices? - Al Jazeera

The US is gobbling up Venezuelan oil, but will it lower fuel prices? - Al Jazeera

Analysts say Venezuelan crude is hard to extract and refine, and likely canโ€™t replace oil stuck in the Strait of Hormuz.

When United States President Donald Trump announced the biggest oil deal in world history with Venezuela on August 28, he claimed it would more than double US oil reserves and substantially lower gasโ€ฆ [+10229 chars]

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