Trump administration launches new bid to attract U.S. oil companies to Venezuela — but finding few takers

Apr 1, 2026 - 12:00
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Trump administration launches new bid to attract U.S. oil companies to Venezuela — but finding few takers
A politician in a suit gestures with his hands while speaking on stage at a conference.

President Donald Trump has been pressuring U.S. oil and gas executives to invest in Venezuela’s energy sector, nearly three months after the toppling of former president Nicolás Maduro, as the country is said to have the largest crude oil reserves in the world.