Venezuela Wants to Return to the Days When Its Oil Fields Were Booming—With U.S. Help - WSJ

Venezuela Wants to Return to the Days When Its Oil Fields Were Booming—With U.S. Help - WSJ

Source: WSJ

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DW NOTE

The Strait of Hormuz has been closed for seven months, Brent crude trades above $100, and Venezuela—which produced 3.5 million barrels per day before Chávez—now wants American capital to rebuild fields it spent two decades expropriating and running into the ground. The timing is less ironic than inevitable.

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