Trump promises oil executives ‘total safety’ if they invest in Venezuela after Maduro ouster
By JOSH BOAK and AAMER MADHANI, Associated Press
WASHINGTON (AP) — President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country’s ability to fully tap into its expansive reserves of petroleum.
Related Articles
-
Heritage Foundation calls for U.S. policy to ‘save and restore the American family’ -
Dispute erupts over who will represent former Venezuelan leader Nicolás Maduro in court -
Supreme Court will take up Cisco’s bid to shut down lawsuit by Falun Gong -
Judge says Trump administration can’t block child care, other program money for 5 states for now -
Fractures are starting to show in Trump’s GOP at the start of this election year
Since the U.S. military raid to capture former Venezuelan leader Nicolás Maduro on Saturday, Trump has quickly pivoted to portraying the move as a newfound economic opportunity for the U.S., seizing tankers carrying Venezuelan oil, and saying the U.S. is taking over the sales of 30 million to 50 million barrels of previously sanctioned Venezuelan oil and will be controlling sales worldwide indefinitely.