Trump Pushes Oil CEOs to Spend $100 Billion in Venezuela

Major US oil executives expressed caution to Donald Trump about reentering Venezuela, citing concerns about the country's stability and investment protections.

Trump convened industry representatives and predicted they could come to an agreement to restart operations in Venezuela, offering security
guarantees and predicting companies would quickly make back investments.

Executives, including Exxon Mobil Corp.'s Darren Woods and Continental Resources Inc.'s Harold Hamm, declined to commit resources to Venezuelan operations, citing the need for significant changes to legal and commercial frameworks and durable investment protections.

#politics #worldnews #trump ##maduro #venezuela #oil

----------
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News

Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals

Bloomberg on YouTube:
https://www.youtube.com/@business
https://www.youtube.com/@markets
https://www.youtube.com/@BloombergTechnology
https://www.youtube.com/@BloombergPodcasts

Connect with us on social:
https://www.instagram.com/bloombergbusiness
https://www.linkedin.com/company/bloomberg-news
https://www.tiktok.com/@bloombergbusiness
https://www.facebook.com/bloombergbusiness

Видео Trump Pushes Oil CEOs to Spend $100 Billion in Venezuela канала Bloomberg News