US oil companies want “serious guarantees” from Washington before they make splashy investments in Venezuela as President Donald Trump urges them to back his bid to reshape energy markets.
American officials held crunch talks with top energy executives in Miami on Wednesday, just as Trump made a show of raw power over global crude markets, seizing control of Venezuela’s oil sector and ordering US special forces to capture a Russian tanker in the north Atlantic.
Trump has also summoned executives from some of the country’s biggest energy groups to a meeting at the White House on Friday.
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