Trump's Bold Oil Play: Exxon Banned from Venezuelan Ventures?
Published on: Jan. 12, 2026, 7:23 a.m. | Source: Devdiscourse
Trump hints at barring Exxon from Venezuelan investment after CEO Woods criticized the nation as 'uninvestable.' Following Maduro's ousting, Trump seeks $100 billion investment in Venezuela's oil industry. With Exxon and ConocoPhillips owed billions from past expropriations, significant legal reforms are demanded.
