Why the US has designs on Venezuela’s oil

NEW YORK (AP) — Venezuela’s oil industry has been in the spotlight since President Donald Trump used military force to capture the country’s leader, President Nicolas Maduro.

In the days that followed, Trump said the U.S. would run Venezuela and tap its oil reserves. He said Venezuela stole U.S. oil, a reference to former Venezuelan President Hugo Chavez’s move decades ago to nationalize hundreds of foreign-owned assets, including those owned by American oil companies.

Trump floated...