Trump promises oil executives ‘total safety’ if they invest in Venezuela
AI Summary
In January 2026, US President Donald Trump met with oil executives at the White House to encourage them to invest in Venezuela's oil sector. Trump promised "total safety" for their investments, assuring them they would deal directly with the US government, not Venezuela. He stated that the US is seeking $100 billion in investments from major oil companies to revive Venezuela's oil production capabilities. The meeting followed the US seizure of multiple tankers linked to Venezuelan oil, signaling the US government's intent to control the country's oil sector. Seventeen companies, including Chevron, ExxonMobil, and ConocoPhillips, were invited to the meeting.
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This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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