Exxon Calls Venezuela ‘Uninvestable’ as Trump Pushes Oil Plan

Major US oil executives expressed caution about President Donald Trump’s push for them to spend at least $100 billion to rebuild Venezuela, with the head of Exxon Mobil Corp. calling the nation currently “uninvestable.”

Trump convened nearly 20 industry representatives in the East Room of the White House Friday and predicted they could come to an agreement “today or very shortly thereafter” to reinvigorate operations in the oil-rich Latin American country following the brazen capture of leader Nicolás Maduro.

“If you don’t want to go in, just let me know, because I’ve got 25 people that aren’t here ...