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Could the Venezuela oil deal drive down U.S. fuel prices?

NPR | By Willa Rubin

Published August 31, 2026 at 2:15 PM MDT

The Trump administration has announced a deal to acquire 65 billion barrels of oil from Venezuela. How could this affect gasoline prices in the U.S.?

Willa Rubin

Willa Rubin covers energy for the NPR Business Desk.