The oil industry in Venezuela is deeply intertwined with the country's political landscape, with significant reserves that have historically benefited only a select few. Following the US intervention leading to Nicolás Maduro's removal, the future of Venezuela's oil remains uncertain, with potential scenarios involving US control or a continuation of Chavista structures. Investment in the oil sector requires security, stability, and profitability, which are currently lacking. The elite class is wary of opposition leader María Corina Machado's plans, fearing they may favor US companies over the Venezuelan populace. Meanwhile, China's role in Venezuelan oil trade is expected to diminish as US influence grows. Teljes cikk (Euronews.com)