US may use Export-Import bank for Venezuela oil projects, energy chief says
ReutersJan 9, 2026 1:41 PM
WASHINGTON, Jan 9 (Reuters) - There is "a real possibility" that the U.S. could use its Export-Import Bank to help fund large oil projects in Venezuela, Energy Secretary Chris Wright said ahead of President Donald Trump's meeting with industry executives later on Friday.
In an interview on Fox News, Wright said Trump would help create conditions to allow oil companies to operate in Venezuela but that investments would mostly will be done with business capital. He also said oil companies have not yet asked the administration for money.
Asked if the U.S. would take a stake in the companies as it has in other sectors, Wright said there had been "no dialogue about that yet."
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