Venezuela’s acting president, Rodríguez, isn’t messing around

He’s signed a law that’ll ease state control of the oil industry, and it’s about time. This move comes hot on the heels of US President Donald Trump’s announcement that his administration would take control of Venezuela’s oil exports.

So, what’s the big deal?

It’s simple: Venezuela’s oil industry is in shambles, and it won’t get better on its own. The new law is designed to lure in foreign investment, which is exactly what the doctor ordered. It’s not like they had a choice, anyway – the industry’s been on life support for years.

Let’s be real, this is a desperate attempt to fix a desperate situation. But hey, at least they’re doing something, right? It’s not like they can make things worse… oh wait, they probably can.