Politico reported on the US requirement for oil companies to invest in Venezuela

The administration of US President Donald Trump is demanding large investments from oil companies in Venezuela if they want to receive compensation for their assets seized in the Latin American country. This was reported by the Politico newspaper on January 4, citing sources.

"Administration officials have told oil company executives in recent weeks that if they want to receive compensation for their rigs, pipelines, and other seized property, they should be ready to return to Venezuela now and invest heavily in rebuilding its devastated oil industry," the publication says.

The news is being updated