US Pushes Oil Majors to Invest Big in Venezuela if They Want to Recover Debts

US pushes oil majors to invest big in Venezuela if they want to recover debts

The US government is urging oil majors to invest heavily in Venezuela in order to recover their debts. This move comes as the US seeks to strengthen its ties with Venezuela and reduce its reliance on foreign oil. According to a report by Investing.com, the US has been pushing oil majors to invest in Venezuela's oil sector in exchange for debt forgiveness.

The US has been trying to persuade oil majors to invest in Venezuela's oil sector for several years, but the efforts have been met with resistance. However, with the US seeking to strengthen its ties with Venezuela, the push for investment has become more aggressive.

The US has been offering debt forgiveness to oil majors that invest in Venezuela's oil sector. The move is seen as a way to reduce the US's reliance on foreign oil and strengthen its ties with Venezuela.

The US has been pushing oil majors to invest in Venezuela's oil sector for several years, but the efforts have been met with resistance. However, with the US seeking to strengthen its ties with Venezuela, the push for investment has become more aggressive.

The US has been offering debt forgiveness to oil majors that invest in Venezuela's oil sector. The move is seen as a way to reduce the US's reliance on foreign oil and strengthen its ties with Venezuela.

Sources

[3] US pushes oil majors to invest big in Venezuela if they want to recover debts