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Euronews
Euronews
Stefan Grobe

As Trump pitches Venezuelan oil dream for US companies, experts warn it won't be cheap or easy

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companies - and perhaps even US taxpayer money - underwrite an enormous investment overhauling the country's vast, but outdated extraction facilities?

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