Trump Says He’s Inclined to Exclude Exxon From Venezuela (2)

Jan. 12, 2026, 4:24 PM UTC

President Donald Trump signaled he’s leaning toward excluding Exxon Mobil Corp. from his push for US oil majors to rebuild Venezuela’s petroleum industry, saying he was displeased with the company’s response to his initiative.

“I’d probably be inclined to keep Exxon out,” Trump told reporters late Sunday aboard the presidential plane on the way back to Washington from his Florida estate. “I didn’t like their response. They’re playing too cute.”

Trump appeared to be referring to a White House meeting on Friday with almost 20 oil industry executives, where Exxon Chief Executive Officer Darren Woods expressed some of the strongest ...

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