US Oil Giants Demand Investment Guarantees Before Venezuela Entry as Trump Negotiates Access to World’s Largest Reserves

Behind closed doors this week, America’s most powerful oil executives delivered an uncomfortable message to President Donald Trump’s administration: Venezuela’s vast oil reserves—the world’s largest at 303 billion barrels—remain off-limits without unprecedented investment protections. As Trump seeks to reshape global energy markets following the dramatic U.S. military operation that captured Venezuelan President Nicolás Maduro, industry…