Donald Trump has mentioned the US will now management Venezuela’s oil business, bringing in American corporations to rebuild infrastructure and reverse declining manufacturing.
Venezuela has the most important oil reserves on the earth, and Trump has been clear that the industrial alternative this represents for the US was a big cause for the elimination of the nation’s president Nicolas Maduro.
Sky’s enterprise and economics correspondent Paul Kelso discusses how American involvement may have an effect on international oil costs – and whether or not it’s going to profit Venezuela itself.
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