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Why Venezuela oil output won’t rebound soon even if US takes over?
short by Vaishnavi Mishra / on Sunday, 4 January, 2026
Venezuela’s vast amount of oil reserves is unlikely to yield higher crude production anytime soon even if US pour in billions following attack on the country, analysts told Reuters. Energy experts believe any foreign firm returning would face safety risks, decaying facilities, unresolved legal concerns and political instability. US oil firms will return when they are assured of financial returns.
read more at Moneycontrol