Comment by culi

None of this makes sense. Venezuela has faced crippling sanctions from the US since 2017 that have not allowed it to sell to any western nation. Only China, Russia, and Cuba are potential customers for it. I highly doubt this will have any immediate effect on oil prices. It is also crude oil which only a handful of countries are capable of processing (the US probably being the best equipped)

US corporations will be brought in to exploit oil the same way they did in Iraq where they actually had to amend the constitution to allow for foreign corporations in.