Trump Takes Firm Stand on ExxonMobil and Venezuela: Protecting American Interests Over Risky Foreign Deals
President Trump signals reluctance to involve ExxonMobil in Venezuela’s unstable oil sector, highlighting the risks of foreign investments that jeopardize American economic and strategic security.
President Donald Trump has once again demonstrated his commitment to an America First energy strategy by expressing clear reservations about allowing ExxonMobil to re-engage in Venezuela's volatile oil industry. Speaking aboard Air Force One, Trump criticized Exxon’s CEO for what he described as a "too cute" response regarding investment viability following the ousting of Nicolás Maduro. Is Reinvesting in Venezuela Worth the Risk? The core question facing American decision-makers is whether throwing corporate resources into Venezuela’s chaotic political and economic landscape serves our national interests. Darren Woods, CEO of ExxonMobil, called the Venezuelan market "uninvestable" under current conditions — a...
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