Trump Seeks $100 Billion Investment in Venezuelan Oil, Faces Skepticism
Washington, D.C. - U.S. President Donald Trump sought at least $100 billion in investment from major U.S. oil firms to develop Venezuela's vast oil reserves, but faced a hesitant response during a White House meeting. Executives acknowledged the potential of Venezuela's energy resources but expressed concerns about the country's current investment climate.
The meeting, attended by bosses of the biggest US oil firms, highlighted the Trump administration's interest in tapping into Venezuela's oil reserves. While the executives recognized the enticing opportunity presented by Venezuela's significant energy reserves, they emphasized that substantial changes would be necessary to make the country an attractive investment destination. According to sources present at the meeting, no immediate financial commitments were made.
President Trump has stated his intention to "unleash" Venezuelan oil after U.S. forces seized its leader Nicolas M. However, the path forward remains uncertain as major oil firms remain cautious about investing in the country under the current circumstances.
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