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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp yesterday

U.S. President Donald Trump pressed top oil executives to invest in Venezuela's vast reserves, but was met with a cautious reception. https://www.japantimes.co.jp/business/2026/01/10/trump-pitch-oil-companies/?utm_medium=Social&utm_source=mastodon #business #us #donaldtrump #venezuela #oil #exxonmobil #conocophillips

The Japan Times

Trump pitches Venezuela oil to U.S. majors — and hits skepticism

Experts warned that vast reserves on paper do not translate into profitable production, pointing to outdated infrastructure and political instability.
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