It would take time and billions of dollars to fix Venezuela's oil infrastructure
Crude oil remains under sustained pressure, with rallies viewed as selling opportunities amid persistent oversupply and soft demand. Both WTI and Brent show downside bias unless key resistance levels are reclaimed.
Rachel VanLandingham, Southwestern Law School Professor of Law and former JAG Officer, talks about the legality of the US seizing an oil tanker off the coast of Venezuela as well as their strikes against a Venezuelan boat in September, calling it a case for murder. She joins Joe Mathieu on 'Bloomberg: Balance of Power.
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