US oil giant ExxonMobil tells Trump Venezuela is ‘uninvestable’

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Why This Matters

ExxonMobil CEO Darren Woods contradicts President Trump's call to invest in Venezuela, labeling the country 'uninvestable' due to its troubled state. This statement reflects the company's cautious approach to investing in high-risk markets. The move may impact US-Venezuela relations and oil market dynamics.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Chief executive Darren Woods pushes back against president’s call to rush back into troubled country

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Full article on Financial Times
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Original article published by Financial Times on January 10, 2026.
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