Venezuela's oil recovery won't happen overnight. Decades of infrastructure deterioration combined with persistent political uncertainty create serious headwinds for any large-scale energy investment. When you've got crumbling refineries, talent drain, and governance instability all stacked together, even big international energy players think twice before committing serious capital. For macro-focused traders watching geopolitical risks, this kind of supply-side friction feeds into broader commodity cycles and can ripple through emerging market assets—worth keeping on the radar when sizing exposure to volatile regions.