Exxon CEO: Venezuela 'Uninvestable' Now, Trusts Trump to Fix Legal Safeties

• ExxonMobil CEO Darren Woods stated Venezuela is currently "uninvestable" due to past asset seizures and lack of legal/commercial frameworks.
• Woods expressed optimism for future investment, contingent on significant changes to Venezuela's legal system and hydrocarbon laws.
• US President Donald Trump met with oil executives, including ExxonMobil, Chevron, and ConocoPhillips, to encourage investment in Venezuela.
• Trump promised "total safety and security" for oil giants in Venezuela, aiming for $100 billion in investments.
• The meeting followed US forces toppling Nicolas Maduro's regime and seizing control of Venezuela's oil reserves.

Why It Matters: ExxonMobil views Venezuela as uninvestable without major legal reforms, but Trump seeks to secure oil giant investments.