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US President Trump reiterates getting along fantastically with Venezuela

Newsquawk Staff ·

US President Trump reiterates getting along fantastically with Venezuela.

What it means

President Trump's comments about maintaining a positive relationship with Venezuela could indicate a potential softening in US-Venezuela relations, which may influence oil supply dynamics. Given Venezuela's significant role in global oil markets, this news could impact energy prices and related currencies, particularly given the already heightened sensitivities surrounding energy security and trade. Traders might look for shifts in market sentiment toward oil, gold, and currencies tied to these developments.

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