Why taking Venezuela’s oil could actually lift its fortunes
By
Neha Kumari
President Trump’s surprise announcement that the U.S. would take millions of barrels of Venezuelan crude could be an economic boon for the battered South American nation—if Washington and Caracas can maintain their nascent detente, U.S. officials and economists said.
That might be a big if, but economists said restoring a trade link with the U.S. would generate badly needed cash for a country dependent on importing food and basic goods.








