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