U.S. oil companies are hesitant about "investing in Venezuela" as Trump threatens to impose a "ban"

Wallstreetcn
2026.01.13 10:11

According to multiple sources on the 12th, U.S. President Trump’s plan to encourage American oil companies to aggressively enter Venezuela "to make money for the U.S." has few takers. The head of U.S. oil giant Exxon Mobil publicly stated that Venezuela is "not investable," which displeased Trump, who even threatened that he "might lean towards" banning Exxon Mobil from investing in Venezuela. (CCTV)