5news.U.S. news, all in one place

BREAKING

› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension › Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell › Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials › Podcast: One country musician is calling for other artists to oppose assault rifles › Bidets save you money and reduce waste — we tested the best options out there › 50+ products to make your life easier and our planet cleaner › Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love › A head-to-toe guide of how men should dress this spring, and where they should shop › 42 of the most useful travel products you can buy on Amazon › The 7 best high-yield savings accounts of April 2023 › Taxes are due tomorrow. Here's how to file for an extension

Latest

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

CBS News · August 31, 2026 at 6:09 PM

President Trump says a new oil reserve agreement with Venezuela will "substantially lower gas prices," but experts say it could be years before the operation is up and running.

Chris Pilkerton, assistant secretary for investment security at the U.S.

Treasury, joins to discuss the deal.

Read the full article on CBS News ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS News.

This story in other outlets

Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon

CNBC · 2 h ago

WATCH: Trump says more pharmaceutical companies will lower drug prices

PBS NewsHour · 2 h ago

Will Trump's Venezuela oil deal ease U.S. gas prices?

CBS MoneyWatch · 5 h ago

The U.S.-Venezuela oil deal won't lower your gas prices. Here's what you need to know

NPR Politics · 14 h ago

More from CBS News

Severe weather hampers Grand Canyon rescue operations after flash flooding

CBS News · 8 min ago

New York City police shoot woman accused of stabbing 2 people in Times Square

CBS News · 12 min ago

These are the professions expected to grow the most over the next decade, Labor Department says

CBS News · 15 min ago

Supreme Court continues to allow construction of Trump's White House ballroom

CBS News · 19 min ago

More in Latest

Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell

CNN · just now

Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials

CNN · just now

Podcast: One country musician is calling for other artists to oppose assault rifles

CNN · just now

Bidets save you money and reduce waste — we tested the best options out there

CNN · just now

50+ products to make your life easier and our planet cleaner

CNN · just now

Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love

CNN · just now