The murky economics and politics of Venezuelan oil

The US has long been interested in the South American country’s (https://www.breakingviews.com/columns/considered-view/venezuelas-oil-claims-are-slick-goopy-mess-2026-01-07/) resources. Abducting its president opens a new and turbulent (https://www.reuters.com/business/energy/exxon-ceo-says-prepared-evaluate-reentering-venezuela-2026-01-09/) chapter. In this episode of The Big View Peter Thal Larsen talks to Ed Crooks, vice chair of energy research firm Wood Mackenzie, about what happens (https://www.woodmac.com/blogs/energy-pulse/what-big-oil-needs-to-invest-in-venezuela/) next. Visit the Thomson Reuters Privacy Statement (https://www.thomsonreuters.com/en/privacy-statement.html) for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices (https://megaphone.spotify.com/about-advertisements) to opt-out of targeted advertising.  Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)