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Trump Says He Welcomes Chinese Investment in Venezuelan Oil

Summary by The Manila Times
WASHINGTON, D.C. — United States President Donald Trump said on Saturday (Sunday in Manila) he would “welcome” Chinese investment in Venezuela’s oil industry as the South American country seeks to revive its battered economy following the ouster of leader Nicolas Maduro.
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Washington. U.S. President Donald Trump said on the weekend that he would accept Chinese investments in Venezuela’s oil industry, after Washington kidnapped the South American country’s ruler, Nicolás Maduro.

·Mexico
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President Donald Trump said he welcomes China’s and India’s investment in Venezuela’s oil industry. “China is welcome and will reach a very important agreement on oil,” Trump told the press during a flight to Mar-a-Lago on the Air Force One. He added that the United States is working with India on an agreement to buy Venezuelan oil. “India is coming and buying Venezuelan oil, rather than buying it from Iran,” he said. “We’ve already closed the a…

·Mexico
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On February 1, 2026, US President Donald Trump said that China was welcome to invest in Venezuela's oil. This statement comes as the Venezuelan oil industry tries to recover after years of sanctions, underinvestment and a major political break marked by the eviction of Nicolás Maduro. Venezuela: theoretical oil power, weakened production On paper, Venezuela remains a giant of energy. With about 303 billion barrels of proven reserves, it has the …

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nmas.com.mx broke the news in on Sunday, February 1, 2026.
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