Overview
Analysts say Venezuelan crude is hard to extract and refine, and likely can't replace oil stuck in the Strait of Hormuz.
Source
Originally published at www.aljazeera.com.
Business & Economy
The US is gobbling up Venezuelan oil, but will it lower fuel prices?
Key Takeaway
Analysts say Venezuelan crude is hard to extract and refine, and likely can't replace oil stuck in the Strait of Hormuz.
Frequently Asked Questions
What is "The US is gobbling up Venezuelan oil, but will it lower fuel prices?" about?+
Analysts say Venezuelan crude is hard to extract and refine, and likely can't replace oil stuck in the Strait of Hormuz.
Who reported this story?+
This story was reported by Al Jazeera.