Trump Pitches $100 Billion Venezuela Oil Investment Plan to Executives

Meeting with Oil Executives

• 🤝 President Trump met with executives from nearly 20 oil companies, including Exxon, Kico Phillips, Shell, and Chevron, to discuss investing in Venezuela's oil infrastructure.
• 💡 Trump expressed confidence, stating "We've sort of got a deal," despite no immediate commitments from the executives.
• 🇺🇸 The White House's plan involves companies investing $100 billion to rebuild Venezuela's oil infrastructure.

Guarantees and Profit Sharing

• 🛡️ President Trump guaranteed the companies total safety and security from the US government, aiming to overcome previous hesitations.
• 🤝 He stated that companies would deal directly with the US, not Venezuela, for these investments.
• 💰 Trump mentioned that profits would be "divvied up" between the companies, the US, and Venezuela, with specifics to be negotiated later.

US Pressure Campaign on Venezuela

• 🚢 US forces recently boarded and seized the oil tanker Alolina, the fifth Venezuelan-linked tanker seized in recent months.
• 📈 This action is part of the Trump administration's ongoing pressure campaign against Venezuela.
• 🤝 Trump announced the cancellation of a "second wave of attacks" on Venezuela, citing the release of political prisoners and growing US-Venezuela collaboration.
• ⚓ Despite de-escalation, the US plans to maintain a large military ship presence in the region.