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Venezuela's crumbling oil infrastructure clouds post-Maduro economic hopes
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Venezuela's crumbling oil infrastructure clouds post-Maduro economic hopes

France 24 · May 21, 2026, 9:33 AM

Why this matters: an international story with cross-border implications worth tracking.

Donald Trump has made much of his nation's deposing of Nicolas Madruo earlier this year, and the wealth to be had from forging new deals with Venezuela to exploit its oil resources. Trump said on Wednesday that shipments were already inbound to destinations in the United States. But even sitting atop the largest reserves of crude in the world, Venezuela's oil infrastructure leaves much to be desired and is in dire need of investment - leaving local communities so close to such mineral riches worse off than ever.

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