President Donald Trump said US oil companies will spend billions of dollars to rebuild Venezuela’s energy infrastructure after the capture of Nicolás Maduro, the country’s former leader. The nation has the world’s largest oil reserves, but output plummeted during Maduro’s 12-year term. Trump’s plan for a US-led revival of Venezuela’s oil industry could be a years-long and challenging process. Bloomberg Intelligence’s Salih Yilmaz breaks down the situation.
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Is Trump’s Venezuela Oil Plan a $100 Billion Gamble?
