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Trump's Venezuela oil plan prompts $100B concerns
The U.S. plan to acquire a stake in Venezuela's oil, estimated at 65 billion barrels, and to develop oil fields with investments potentially reaching $100 billion, raises questions about how it will be financed and its long-term viability. The U.S. government is working on signing agreements and supporting an investment-friendly environment, but legal risks and political fluctuations remain major obstacles—especially given the industry’s need for years to update infrastructure and increase production by up to 30%, reaching 1.5 million barrels per day.
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