Trump 'inclined' to keep ExxonMobil out of Venezuela after White House meeting
AP News••nation
Key Points:
- President Donald Trump expressed reluctance to allow ExxonMobil to invest in Venezuela after the company's CEO voiced skepticism about the viability of oil investments following the ousting of Nicolás Maduro.
- Trump criticized ExxonMobil's cautious stance, stating the company was "playing too cute" and emphasized that U.S. companies would be dealing directly with the U.S. government rather than Venezuela.
- ExxonMobil's CEO, Darren Woods, described Venezuela as "uninvestable" under current commercial and political conditions, reflecting concerns about the country's instability and sanctions.
- Trump signed an executive order aimed at protecting Venezuelan oil revenues from being seized in judicial proceedings, highlighting the importance of safeguarding these funds for U.S. efforts to stabilize Venezuela.
- The Trump
