In a White House meeting with executives from major U.S. oil companies, President Donald Trump unveiled plans for American energy firms to jointly invest at least $100 billion of private capital to rebuild Venezuela’s crumbling oil infrastructure and dramatically increase production. He said Washington will decide which companies operate in the country, with an agreement to refine and sell up to 50 million barrels of Venezuelan crude oil ongoing, creating wealth for U.S. firms, the Venezuelan people and global markets. Trump described the companies as “treasured partners” in restoring Venezuela’s oil industry.
#DonaldTrump #Venezuela #OilIndustry #USForeignPolicy #MaduroCapture #EnergyNews #WhiteHouse #OilProduction #GlobalPolitics
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