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Trump says he’s ‘inclined’ to keep Exxon Mobil out of Venezuela deals
Trump doubts ExxonMobil's commitment to invest $100 billion in Venezuela's oil sector after CEO Woods calls the market uninvestable amid legal and political risks.
- President Donald Trump stated he is 'inclined' to keep ExxonMobil out of Venezuela after its top executive's comments on investment risks.
- Darren Woods, CEO of ExxonMobil, described Venezuela as 'uninvestable' due to existing commercial frameworks.
- Trump expressed discontent with ExxonMobil's response, saying, 'I didn’t like Exxon’s response.'
- During a meeting with oil executives, Trump assured them they would negotiate directly with the U.S., not Venezuela.
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97 Articles
97 Articles
Trump Signals He Will Likely Keep ExxonMobil Out of Venezuela
President Donald Trump said on Jan. 11 that he is inclined to keep ExxonMobil out of Venezuela after its CEO expressed doubts about investing in the country’s oil sector. Speaking to reporters aboard Air Force One, Trump said he didn’t like ExxonMobil CEO Darren Woods’s response at the Jan. 9 meeting with oil executives, which Trump held to push for investments in Venezuela’s oil sector following the ouster of regime leader Nicolás Maduro. “I’d …
·New York, United States
Read Full ArticleTrump would block the largest US oil company, ExxonMobil, from investing in Venezuela after its CEO said the country was "unsuitable for investment." He also claims that Venezuela is cooperating well with the US administration.
Coverage Details
Total News Sources97
Leaning Left19Leaning Right10Center48Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 25%
C 62%
13%
Factuality
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