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Trump announces massive US oil investment plan for Venezuela
short by / on Friday, 9 January, 2026
Donald Trump said US oil majors will invest at least $100 billion to rebuild Venezuela oil infrastructure, calling cooperation between the two countries strong. He said Venezuela will buy only American-made products with oil proceeds and confirmed meetings with Big Oil executives at the White House. Energy stocks jumped, while oil prices edged higher.
read more at Stocktwits