Venezuela crisis: Why oil is power for Donald Trump

Donald Trump has said the US will now control Venezuela's oil industry, bringing in American companies to rebuild infrastructure and reverse declining production. Venezuela has the largest oil reserves in the world, and Trump has been clear that the commercial opportunity this represents for the US was a significant reason for the removal of the country's president Nicolas Maduro. Sky's business and economics correspondent Paul Kelso explains. Read more: https://news.sky.com/story/reviving-venezuelas-oil-industry-may-be-harder-than-trump-thinks-and-this-is-why-13492152 #skynews #breakingnews #oil #venezuela #trump SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales