The Venezuelan oil industry is ‘a total bust’ according to Donald Trump, something he has promised to ‘fix’ after attacking Caracas and seizing the country’s leader. But with analysts estimating it could take up to 14 years and billions to fix, what is in it for the US president? Jillian Ambrose, the Guardian’s energy correspondent, explains why Venezuela’s dense, sticky oil is so valuable to Trump

Tensions between the US and Venezuela exploded on 3 January when US forces launched strikes across Caracas and other parts of the country, and Donald Trump announced that they had captured the Venezuelan president, Nicolás Maduro, and his wife, Cilia Flores, and flown them out of the country

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