CNN: Oil companies cold to investing in Venezuela
Jan 11, 2026 07:23 UTC
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CNN: Oil companies cold to investing in Venezuela
Pars Today – Oil companies that attended a White House meeting at the request of U.S. President Donald Trump showed little enthusiasm for investing in Venezuela’s oil sector.
The companies stated that Venezuela is currently “uninvestable.” CNN reported that Trump had previously announced that oil companies would invest billions of dollars in Venezuela’s oil infrastructure. However, executives attending the meeting expressed concerns about the plan and responded with a lukewarm reception. /IRNA