Donald Trump stated that U.S. oil companies will invest billions in Venezuela to resume oil production. Chevron currently operates in Venezuela, while others like Exxon Mobil and ConocoPhillips have past involvement. Analysts suggest that rebuilding Venezuela's oil infrastructure could take years and tens of billions of dollars, even with Western majors' commitment. A U.S. embargo on Venezuelan oil remains in effect, with U.S. military forces positioned until demands are met.