Will U.S.-Venezuela oil deal actually lower gas prices?

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AI Fusion Summary

President Trump announced an unprecedented oil reserve agreement with Venezuela, claiming it will substantially lower gas prices. Under this deal, the Pentagon will act as an investor in a private company holding exclusive oil development rights in Venezuela. While the administration expects significant benefits, experts warn that operational challenges remain and it could take years before the project is fully functional. Analysts are currently evaluating the specific hurdles the U.S. faces to unlock these Venezuelan oil resources.
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