Trump says oil companies will spend $100 billion in Venezuela with U.S. government protection
The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.
Last updated: 2026-01-09 23:12:36 ET
The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.
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President Trump is meeting with big oil industry executives Friday afternoon as he pushes U.S. oil companies to invest in Venezuela.
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