Trump's Venezuela Oil Plan: A "Tremendous" Challenge

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Trump's Venezuela Oil Plan: A "Tremendous" Challenge
Former U.S. President Donald Trump has suggested he could access Venezuela's "tremendous" oil wealth if re-elected. However, energy experts warn the plan would face major hurdles. The country's oil industry is in severe decline after years of mismanagement and international sanctions. Industry insiders say rebuilding it would be a slow and expensive process. They estimate it could take many years and cost tens of billions of dollars in foreign investment. Significant legal and political changes would also be required before large-scale production could resume.