Explained: Will Venezuelan crude lead to cheap petrol for American consumers? | Business

A local walks past a mural featuring oil pumps and wells in Caracas, Venezuela, Tuesday, Jan. 6, 2026. (AP Photo/Matias Delacroix) When US President Donald Trump floated the idea of Washington receiving millions of barrels of oil from Venezuela, it sounded like a throwback to an older energy playbook: pump more oil, cut fuel prices, […]

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‘Don’t want a slave’s peace’: Maduro hits back after Trump ultimatum; tensions surge

Venezuela’s President Nicolás Maduro responsed to escalating US pressure, telling thousands of supporters in Caracas that the country “does not want a slave’s peace” as tensions with Washington deepen. Addressing marchers after weeks of rising military activity by the United States, Maduro accused Washington of “testing” Venezuela with a naval deployment that has now entered […]

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