🇺🇸🛢️ BREAKING: U.S. Push for Venezuelan Oil Investment Hits Industry Headwinds 🇻🇪$DASH

President Donald Trump has been publicly urging major U.S. oil companies to commit up to $100 billion to help rebuild and expand Venezuela’s vast oil production — part of a broader strategy to revive the country’s energy sector and bolster U.S. energy interests abroad. �

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🛑 But not all energy leaders are on board.

ExxonMobil’s CEO bluntly called Venezuela “uninvestable” under current legal and commercial conditions, citing unresolved risks and regulatory uncertainty. �

FactCheck.org$FHE

After this response, Trump said he’s “inclined” to exclude Exxon from these plans — suggesting the company might be left out of Venezuela’s energy rebuild if it won’t commit. �

AP News

🔍 Other companies are reacting differently:

Chevron — already operating in Venezuela — has expressed cautious interest and is expected to receive an expanded license to increase operations this week. �

Reuters

Smaller firms and oilfield service companies are signaling interest too, even as major players hold back without stronger guarantees and clearer conditions. �$GUN

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📊 Trump’s initiative highlights both the enormous potential of Venezuela’s oil reserves and the substantial political and legal hurdles U.S. companies see in investing there.$IP