
US President Donald Trump has said he wants to run Venezuela “through oil” and pointed to billions of dollars in profit for US companies - but what does that mean in practical terms? The answer is far from clear, and experts point to considerable logistical hurdles.
For starters, the idea of running a country through oil does not answer fundamental points such as: Who will run the daily business? Will the Chavista regime cooperate? And will US companies - and perhaps even US taxpayer money - underwrite an enormous investment overhauling the country's vast, but outdated extraction facilities?