Trump meets with oil executives over plans for Venezuela investment

Описание: President Trump met with top oil executives at the White House Friday, seeking to interest those companies in investing in Venezuela's massive oil reserves.

The president spoke for more than an hour and a half, hearing from executives about their intentions for Venezuela and the barriers that still remain for long-term investments in the region.

The president noted the interim government of Venezuela has given the U.S. the ability to refine and sell up to 50 million barrels worth of crude oil. U.S. oversight of that process would continue indefinitely.

The president also suggested that the U.S. will provide some form of security guarantees to those U.S.-based businesses who choose to invest in the region try to redevelop some of the energy infrastructure there, but that will not include U.S. military boots on the ground.

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