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Trump 'Making Millions' Off Venezuela, Hails 'Greatest' Oil Deal As Iran Tensions Choke Hormuz
Posted
September 1, 2026
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8:24Now PlayingUS President Donald Trump says his new Venezuela oil deal will eventually bring down gasoline prices, but admitted the impact may not be immediate. Speaking to reporters, Trump said prices would “ultimately” fall and insisted the effect would come “fast,” while acknowledging it could take some time. When asked whether Americans would see cheaper gas before the upcoming election, Trump said he could not guarantee it. Analysts have warned that increasing Venezuelan oil production and getting additional crude into global markets could take much longer, potentially years. Trump’s comments come as the ongoing Iran war keeps global oil prices elevated and puts pressure on US consumers.
#donaldtrump #trump #venezuela #oil #oilprices #gasprices #iranwar #usiranwar #usa #energy #crudeoil #economy #geopolitics #breakingnews #worldnews #mirrornow
Trump 'Making Millions' Off Venezuela, Hails 'Greatest' Oil Deal As Iran Tensions Choke Hormuz
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