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Trump plan could stifle Venezuela oil competition, Bousso warns

Ron Bousso says President Donald Trump's plan for direct U.S. access to a large share of Venezuela’s oil reserves could derail the country’s petroleum revival by reducing competition, distorting markets and deterring investment.

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By Ron BoussoPresident Donald Trump's plan to secure direct U.S. access to a large share of Venezuela's vast oil reserves could end up derailing the country's long-awaited petroleum revival by stifling competition, distorting markets and deterring the foreign investment needed to rebuild the South…