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Trump’s Venezuela Oil Deal Explained | Salt Lake City News
Trump’s surprise deal gives the U.S. a 55% stake in Venezuela’s oil reserves—potentially unlocking 65 billion barrels and $200 billion in future taxes—but experts warn it won’t mean cheaper gas anytime soon. With Venezuela’s infrastructure in shambles, years of investment are needed before any real impact at the pump. The deal, brokered by Rubio and Hegseth after Maduro’s capture, sparks global debate: allies hail it as a historic win, critics call it opportunistic, and Venezuelans question its legitimacy. Key details remain murky—like who pays for repairs, who runs the new company, and…
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