Exxon, Venezuela and Trump
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Trump ‘inclined’ to keep ExxonMobil out of Venezuela after CEO response at White House meeting
President Donald Trump says he is “inclined” to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of former President Nicolás Maduro.
President Trump says he is 'inclined' to keep ExxonMobil out of Venezuela after its top executive said he is skeptical about oil investment efforts in the country after the U.S. toppling of President Nicolás Maduro.
ExxonMobil faces rising tensions with Trump over Venezuela as political risks, legal uncertainty and volatile oil markets shape the outlook for U.S. energy investment.
Jan 11 (Reuters) - U.S. President Donald Trump said on Sunday that he might block Exxon Mobil (XOM.N) from investing in Venezuela after the oil major's CEO called the country "uninvestable" during a White House meeting last week.