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International Business Times
International Business Times
Business
Barbara AGELVIS

Will Sanctions Easing Reboot Venezuela's Oil Industry?

As Venezuela patches up ties with transnational corporations returning to its shores after being forced to leave post-embargo, experts say the dividends will take time to filter through (Credit: AFP)

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

But as Venezuela patches up ties with corporations returning to its shores after being forced to leave post-embargo, experts say the dividends will take time to filter through.

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