Oil Producers Need Guarantees to Work in Venezuela, Trump Ally Hamm Says

Hamm's statements underscore a critical barrier to foreign investment in Venezuela's oil industry: the lack of trust in the government's ability to uphold property rights. This situation illustrates the complex interplay between geopolitical risk and economic opportunity, where potential profits are overshadowed by fears of nationalization. For oil producers, the challenge lies in balancing the urgent need for investment in a nation rich in resources against the backdrop of a volatile political landscape.