Trump's Venezuela Oil Plan Faces "Catastrophic" Reality

Former U.S. President Donald Trump has signaled a desire to restart Venezuela's oil industry. However, experts warn the country's energy facilities are in a state of catastrophic disrepair. Years of underinvestment and poor maintenance have caused severe damage. Critical infrastructure, including oil storage tanks and pipelines, is now corroded and leaking. This physical collapse has driven a steep drop in production. Venezuela's output is a fraction of its historical levels. Any plan to reboot the sector must first address these massive structural problems. The decaying facilities present a major practical and financial hurdle.