‘Lot that could go wrong’: Trump plans to tap Venezuelan oil reserves — what it means

Following the capture of Venezuelan President Maduro, President Trump aims to leverage the nation's oil infrastructure. However, analysts suggest that significant increases in crude production are unlikely in the near future due to years of decline, poor management, and the departure of foreign oil companies. Challenges like security concerns, legal questions, and political instability will deter immediate investment.

‘Lot that could go wrong’: Trump plans to tap Venezuelan oil reserves — what it means
Following the capture of Venezuelan President Maduro, President Trump aims to leverage the nation's oil infrastructure. However, analysts suggest that significant increases in crude production are unlikely in the near future due to years of decline, poor management, and the departure of foreign oil companies. Challenges like security concerns, legal questions, and political instability will deter immediate investment.