President Trump is meeting with Big Oil executives to discuss enticing them back to Venezuela. However, skepticism looms as companies weigh the risks of investing in a politically unstable environment.
In a bold move, Trump suggests that US taxpayers could reimburse energy companies for repairing Venezuela's oil infrastructure, aiming to boost production post-Maduro. With key meetings ahead, the future of Venezuela's oil industry hangs in the balance.
President Trump's plan to seize control of Venezuela's oil industry aims to revitalize production after years of decline. Analysts suggest potential for significant output increase, but challenges remain.