Trump Pushes US Oil Giants to Invest Billions in Venezuela's Oil Reserves

• US President Donald Trump met with oil executives at the White House to discuss investing in Venezuela's vast petroleum reserves.
• Trump claimed a "deal" was formed for hundreds of billions in investment, benefiting both the US and Venezuela through increased energy production and lower oil prices.
• He urged companies like Chevron, ExxonMobil, and ConocoPhillips to commit up to $100 billion to rebuild Venezuela’s oil infrastructure.
• Trump pledged "total safety" for companies, stating they would deal directly with the US, not Venezuelan authorities.
• Vice President JD Vance linked the Venezuela operation to enhancing US economic and security interests, including reducing drug overdose deaths.

Why It Matters: Trump urges US oil firms to invest heavily in Venezuela's oil, promising benefits for both nations.