President Donald Trump believes US companies can revive Venezuela’s beleaguered oil industry, benefiting both that nation and America. But even if that happens, it would be a fraction of changes needed to get the destitute country back on its feet.

We’ve been checking in on the economic conditions in Venezuela for about a decade now. In response to the U.S. strike and the capture of Venezuelan president Nicolás Maduro this weekend, we’re re-surfacing this episode with an update.

After two decades of sanctions and economic collapse, the idea of the U.S. seizing Venezuela’s oil and managing the country toward stability is not only immoral, but structurally incoherent,

The United States is preparing to take control of tens of millions of barrels of Venezuelan oil as part of a sweeping, three-phase strategy aimed at stabilizing the country, jump-starting its economy and steering toward a political transition,

WASHINGTON (TNND) — Start your morning with The National News Desk as Jan Jeffcoat sits down with Steve Moore to discuss Venezuela's economic collapse, bringing insight and context to the stories shaping the day. Watch weekday mornings from 6 a.m. to 9 a.m. EST, Monday through Friday.

Despite holding the world’s largest proven oil reserves, Venezuela’s oil industry collapsed after expropriations, mismanagement, and the loss of foreign expertise left it unable to produce its technically demanding heavy crude at scale.

With widespread power outages, medicine shortages and rising food prices, experts say Cuba’s economy has never been worse, with the crisis coming just as the supply of Venezuelan oil is threatened.

After two decades of sanctions and economic collapse, the idea of the U.S. seizing Venezuela's oil and managing the country toward stability is not only immoral, but structurally incoherent, and would likely lead to violence,