Trump seeks $100bn for Venezuela oil, but Exxon boss says country ‘uninvestable’

“Exxon’s chief executive Darren Woods said: “We have had our assets seized there twice and so you can imagine to re-enter a third time would require some pretty significant changes from what we’ve historically seen and what is currently the state.”

Trump signed an executive order that seeks to prohibit US courts from seizing revenue that the US collects from Venezuelan oil and holds in American Treasury accounts.

Any court attempt to access those funds would interfere with US foreign relations and international goodwill, the executive order states.

https://www.yahoo.com/finance/news/trumps-venezuela-oil-meeting-starts-220946813.html

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