Trump’s Bold Move to Reclaim Venezuela’s Oil Industry Exposes Deep Challenges and Geopolitical Stakes

President Donald Trump’s audacious plan to wrest control of Venezuela’s oil industry signals a strategic attempt to reassert American energy leadership while striking a blow against hostile regimes. Yet, beneath the bold headlines lies a complex reality: years of socialist mismanagement, entrenched corruption, and decayed infrastructure have left Venezuela’s oil sector crippled. How Will America Overcome the Decades of Decline? Venezuela sits atop the world’s largest proven crude reserves — an astonishing 303 billion barrels accounting for nearly one-fifth of global reserves. However, production has plummeted from highs of 3.5 million barrels per day in 1999 to barely over one...