Trump seeks $100bn for Venezuela oil, but Exxon boss says country 'uninvestable'

The article discusses the Trump administration's efforts to secure $100 billion in investment for Venezuela's oil industry, despite the country being deemed "uninvestable" by the head of Exxon Mobil. The article highlights the cautious stance taken by oil executives, with one executive noting that Venezuela had seized their assets twice in the past. This suggests a lack of confidence in the country's political and economic stability, making it a risky investment destination. The article also mentions the Trump administration's efforts to bolster Venezuela's oil industry, potentially as a means of addressing the ongoing political and economic crisis in the country. However, the reluctance of oil executives to invest in Venezuela casts doubt on the feasibility of this plan. Overall, the article suggests a disconnect between the Trump administration's goals and the realities on the ground, with the oil industry's skepticism toward Venezuela's investment potential posing a significant challenge to the administration's proposed oil-focused approach.