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Restructuring debt in Venezuela may not be enough to revive its oil industry

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Listen: Restructuring debt in Venezuela may not be enough to revive its oil industry

Will Venezuela's oil sector — including PDVSA and Citgo — will be a help or hindrance as the country tries to restructure some of its crippling debt while also dealing with sanctions?

Senior oil editor Brian Scheid talks with Risa Grais-Targow, director, Latin America, at the Eurasia Group about Venezuelan President Nicolas Maduro’s plans to restructure and refinance billions in debt payments. What impact could sanctions have on the country, and what's the likelihood of the Trump administration putting sanctions on imports of Venezuelan crude?

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