Trump says US oil firms will invest $100 billion to revive Venezuela ahead of White House meeting
On January 9, 2026, U.S. President Donald Trump made a surprising claim about Venezuela’s oil future. He told the media that major U.S. oil companies are expected to invest at least $100 billion to rebuild Venezuela’s worn‑out oil industry. This statement came just before a White House meeting with top oil executives from leading energy firms.
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