Exxon Mobil is preparing for a key meeting with President Donald Trump on January 9, 2026, to discuss a multibillion-dollar plan aimed at restoring Venezuela's oil industry.

  • Exxon's stock previously jumped following the initial news of the U.S. intervention and plans for American companies to revitalize the sector.
  • The initial plans for U.S. intervention were announced despite the Trump administration not consulting oil majors beforehand.