Trump threatens to block ExxonMobil from Venezuela after CEO calls country 'uninvestable'
Energy,Venezuela,Exxon Mobil,Donald Trump
Donald Trump has said he might block ExxonMobil from investing in Venezuela after the oil company's chief executive called the country "uninvestable" during a White House meeting last week.
Darren Woods told the US president that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives.
Trump had urged the group to spend $100bn to revitalise Venezuela's oil industry in a meeting less than a week after US forces captured and removed Venezuelan president Nicolás Maduro from power in a brazen overnight raid.
Related Coverage
AllSides Picks
Headline Roundup
Trump-Venezuela Oil Deal Raises Questions Over Gas Prices and US Energy Security
September 1st, 2026
Story of the Week
Trump’s US-Venezuela Oil Deal
AllSides Staff
September 3rd, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
September 2nd, 2026
Red Blue Translator
Fracking
More News about Energy
News from the Left
News from the Center
News from the Right
CNBC