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Trump promises oil executives 'total safety' if they invest in Venezuela after Maduro ouster
National

Trump promises oil executives 'total safety' if they invest in Venezuela after Maduro ouster

  • By JOSH BOAK and AAMER MADHANI Associated Press

President Donald Trump is calling on oil executives to rush to invest in Venezuela as the White House looks to quickly secure $100 billion in private funding to revive the country's ability to fully tap into its expansive reserves of petroleum. Since the U.S. military raid to capture former Venezuelan leader Nicolás Maduro, Trump has quickly pivoted to portraying the move as a newfound economic opportunity for the U.S. Trump, as he opened the meeting Friday with oil industry executives, sought to assure them that they need not be skeptical of quickly in investing and, in some cases, returning to the South American country.