Why Trump’s Venezuela oil gamble won’t pay off

Cătălin Roșioru

Has Trump just pulled off the most brazen oil heist in history? Vijay Vaitheeswaran, The Economist’s Global Energy and Climate Innovation Editor talks to Ethan Wu and Mike Bird, co-hosts of The Money Talks podcast, about why America might never benefit from Venezuela’s vast oil reserves. 00:00 – Why Venezuela’s vast oil reserves are so difficult to use 02:29 – Heavy vs light crude: why Venezuelan oil is different 04:38 – Why big oil won’t invest in Venezuela again 06:23 – What oil prices would

Why Trump’s Venezuela oil gamble won’t pay off The Economist - 09.01.2026 13:15
Why Trump’s Venezuela oil gamble won’t pay off The Economist - 09.01.2026 13:15

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Why Trump’s Venezuela oil gamble won’t pay off The Economist - 09.01.2026 13:15
Why Trump’s Venezuela oil gamble won’t pay off The Economist - 09.01.2026 13:15