Point one, Point two, Venezuela has to get the oil out, not only for themselves, but they can't pump any more oil because there's no place to store it. Point three, and this is the core of what you're mentioning. There is no legal precedent or any kind of experience where the United States government, as a government is going to take these assets, these oil assets. And there was a, these were sanctioned assets, so this oil would sell at a discount and now suddenly sell it on the open market for a real price. (19:44–19:57)
CLAIM
Asserts that there is no legal precedent for the U.S. government to take Venezuelan oil assets.
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