Trump gets big shock: US oil companies say 'no' to Venezuela takeover plan, refuse to spend cash?

Published on Jan 06, 2026 03:36 pm IST

Trump hints US taxpayers may ultimately reimburse Chevron, ExxonMobil and others for rebuilding Venezuela’s crippled oil industry after Maduro’s capture. With companies demanding long‑term stability before investing and Venezuela sitting on the world’s largest oil reserves.

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