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How worried should Canada be about Trump’s U.S.-Venezuela oil deal?

U.S. President Donald Trump announced what he called “the biggest oil deal in world history” with Venezuela on Aug. 28. Two days later, on Truth Social, he posted that “Trump’s historic oil deal with Venezuela realigns global energy and puts OPEC, Canada on notice.”

What does Venezuelan oil have to do with Canada, and should we be worried? The short answer is maybe; a little bit. The long answer is below.

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