Will the Biden Administration dial back sanctions against Venezuela, a country with the largest oil reserves in the world, in an effort to address the global energy crisis? That's the question we ask two leading experts on the country's energy industry. They discuss how crumbling infrastructure to export crude may slow or stymie any immediate impact. Nicolas Maduro and the Chavistas have ignored the results of past elections and have one of the worst human rights records in the hemisphere, which will make any concessions challenging for the American president at home and abroad, especially after a widely criticized trip to Saudi Arabia. Plus, the former head of MI6, Sir Richard Dearlove, analyzes the impact a warming of relations between Washington and Caracas could have on Venezuela's ties to Beijing, Tehran, and Moscow.

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