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US–Venezuela showdown threatens to jolt gas prices — what could spark a surge

close Video Would military intervention in Venezuela influence the cost of oil? One expert weighs in The possibility of U. S. oil prices going up due to military action within Venezuela depends on several factors, including if oil were taken off the market, according to energy expert Kevin Book of ClearView Energy Partners.

US–Venezuela showdown threatens to jolt gas prices — what could spark a surge

Credit: Foxnews

Key Highlights

  • NEWYou can now listen to Fox News articles!
  • President Donald Trump announced Wednesday that the U. S.
  • had seized an oil tanker off the coast of Venezuela, elevating the likelihood of a disruption that could raise costs within the oil and energy sector for Americans — under certain conditions.
  • The seizure of the oil tanker signifies a major escalation with Venezuela and exerts even more pressure on Caracas, which already is subjected to U. S.
  • oil sanctions.
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Sources

  1. US–Venezuela showdown threatens to jolt gas prices — what could spark a surge

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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