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Trump appears to be reconsidering Exxon's role in the ambitious $100 billion oil sector revival plan for Venezuela. The administration is signaling that the fossil fuel giant may get excluded from this massive reconstruction initiative, leaving other US oil majors to carry the weight of the investment.
This strategic pivot could reshape how American energy companies approach the geopolitical opportunity in Venezuela. The move hints at shifting priorities—whether it's about regulatory concerns, strategic partnerships, or other policy considerations.
For those tracking global energy dynamics and their ripple effects on commodity markets, this could be a telling indicator of how US administrations balance economic opportunities with foreign policy objectives.