Venezuela Oil Deal: Hope or Hype | Business and Finance News

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Recorded01 Sep 2026

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The President touts a major oil deal with Venezuela as a game-changer for gas prices, promising access to 65 billion barrels of reserves. But experts warn it’s a long shot—Venezuela’s crumbling infrastructure demands years and billions in investment before any real impact on pump prices. With gas already at record highs, the public is hopeful but skeptical. Even under ideal conditions, meaningful production gains could take five to seven years, leaving drivers paying the price for now. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8bad946c2badb321

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