Trump: World’s top oil firms to invest $100 billion in rebuilding Venezuela

WASHINGTON, United States (MNTV) – US President Donald Trump said the world’s top oil companies are prepared to invest at least $100 billion to rebuild Venezuela’s oil infrastructure following the US-led intervention.

He also discussed plans involving opposition leader María Corina Machado.

Trump has declared that major international oil corporations are set to invest a minimum of $100 billion to reconstruct Venezuela’s crippled petroleum industry.

In an interview with Fox News on Thursday, Trump stated, “The top 14 companies are coming here… They’re going to go in, they’re going to rebuild the whole oil infrastructure.”

The US president’s announcement follows the January 3 US military operation that resulted in the capture of former Venezuelan President Nicolas Maduro.

Trump has previously asserted that his administration would oversee Venezuela and its oil assets during a transitional period. He also claimed US military efforts have interdicted 97% of seaborne narcotics and suggested future actions against cartels on land.

President Trump said Venezuelan opposition figure María Corina Machado, the 2025 Nobel Peace Prize laureate, would visit Washington the following week.

He expressed skepticism about holding immediate elections, stating Venezuela “wouldn’t know how to have an election right now,” and that rebuilding must come first.

He also predicted the collapse of Cuba’s economy due to the loss of Venezuelan oil subsidies, severing a long-standing alliance.