Donald Trump has said the US will now control Venezuela’s oil industry, bringing in American companies to rebuild infrastructure and reverse declining production.
Venezuela has the largest oil reserves in the world, and Trump has been clear that the commercial opportunity this represents for the US was a significant reason for the removal of the country’s president Nicolas Maduro.
Sky’s business and economics correspondent Paul Kelso discusses how American involvement could affect global oil prices – and whether it will benefit Venezuela itself.
Read more: https://trib.al/B4BX9kM
#Caracas #Venezuela #Oil #US #WorldNews
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