Wright: US will sell Venezuelan oil ‘indefinitely’

“Industry analysts have warned that even in the best of circumstances, it would take tens of billions of dollars and more than a decade to completely rebuild Venezuela’s oil fields. Oil executives have told POLITICO that it would be a tough battle to convince their shareholders to make such an investment when other oil fields around the globe offer easier returns.”

https://www.politico.com/news/2026/01/07/wright-venezuelan-oil-sales-00713654

Leave a Reply

Your email address will not be published. Required fields are marked *