Trump Criticizes Exxon After CEO Warns of Investment Risks in Venezuela
ByAinvest
Tuesday, Jan 13, 2026 10:02 am ET1min read
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US President Donald Trump criticized Exxon Mobil Corp. for warning of risks in investing in Venezuela's oil industry. Despite caution from industry leaders and analysts, the White House is pressuring for investment. Chevron is the only US company maintaining oil operations in Venezuela. Trump wants US companies to invest at least $100 billion in Venezuela's oil sector, but some executives fear conditions are not conducive to rapid recovery.
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