The US raid on Venezuela could impact the oil market, influencing consumer prices at the pump. Future price fluctuations will be influenced by how the situation affects global oil supply. President Trump’s plan to tap into Venezuelan oil reserves may depress crude oil prices further, impacting drilling profits and consumer costs.

US companies drilling in Venezuela face a dilemma: increasing oil supply could lead to lower prices and reduced profits. Their decisions will shape future oil prices and consumer costs. The assault on Venezuela is a strategic move in the global oil market, with potential implications for the industry and consumers worldwide.

The US’s plan to tap into Venezuelan oil reserves could increase global oil supply, further depressing prices. US companies’ decisions on drilling in Venezuela will be critical in determining future oil prices. Their choices will have far-reaching implications for the global oil market, affecting both industry and consumers.

Read more at Yahoo Finance: Oil Is Market To Watch as Venezuela Raid Raises Stakes