🚨 BREAKING: ExxonMobil Prepares to Process Venezuelan Oil in Louisiana! 🇺🇸
Today Top 3 Viral Coins watch these closely
ExxonMobil is reportedly getting its Baton Rouge, Louisiana refinery ready to once again process Venezuelan crude oil, which it used to refine before U.S. sanctions stopped those imports. The refinery can handle more than 522,000 barrels per day, and reopening it to Venezuelan heavy oil would be a major shift after years of blockade and trade tension.
President Trump has been pushing U.S. oil companies to invest up to $100 billion to rebuild Venezuela’s shattered oil industry now that political control in Venezuela has changed, aiming to bring Venezuelan oil back into the U.S. market. But some companies have been hesitant, and Exxon’s CEO even said Venezuela is “uninvestable” under current conditions, which angered Trump and sparked debate about whether Exxon should be allowed back in at all.
If ExxonMobil goes ahead with Venezuelan crude, it would be a big geopolitical and economic development — potentially boosting U.S. refinery output and tying American energy companies deeper into Venezuela’s massive oil reserves. But questions remain about risk, legal hurdles, and whether Exxon will fully commit under pressure from the White House.
This story is still developing, and its impact could ripple through oil markets, trade policy, and U.S.–Venezuela relations.
