The Trump administration’s deal giving a US-led venture access to 65 billion barrels of Venezuelan oil could reshape the countries’ economic relationship, but questions remain over its political durability and whether it will provoke a backlash inside Venezuela. Former Deputy National Secuirty Advisor for Middle East Affairs and the Heritage Foundation’s Victoria Coates is on Bloomberg This Weekend and argues the agreement could encourage US investment and restore Venezuela’s energy sector, but says economic development must ultimately be accompanied by political liberalization and self-determination. (Source: Bloomberg)
