Summary
President Donald Trump is meeting with oil company leaders to get $100 billion in investments aimed at improving Venezuela's oil industry. This move follows a recent U.S. military operation and involves U.S. control over Venezuelan oil sales to help keep gasoline prices low.
Key Facts
- President Trump is meeting oil executives at the White House.
- The aim is to secure $100 billion in investments for Venezuela's oil industry.
- The meeting comes after a U.S. military operation against former Venezuelan leader Nicolás Maduro.
- The U.S. has taken control of Venezuelan oil sales, managing 30 to 50 million barrels.
- Three Venezuelan oil tankers have been seized by the U.S.
- The goal is to help reduce gasoline prices in the U.S.
- Venezuela is known for having large oil reserves.