Trump’s Nod to China and India in Venezuelan Oil: Implications for Energy Stocks and EM ETFs

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“Trump Says He Welcomes China, India Investment in Venezuela Oil:”

How Will Trump’s Statement Affect the Stock Market?

This latest post has the potential to affect the stock market. That’s because Trump’s openness to Chinese and Indian investment in Venezuelan oil could pressure U.S. majors like Chevron (CVX) by increasing future global crude supply and competition, but it may also expand opportunities for U.S. oilfield service and equipment providers like Schlumberger (SLB) if they participate indirectly through joint projects. Broader energy-sector ETFs such as XLE, VDE and OIH could see near‑term support from optimism about increased capital spending in global oil, though longer‑term returns may be tempered if additional Venezuelan supply caps crude prices. China- and India-focused ETFs (MCHI, INDA) might benefit from improved energy security and lower input costs for their domestic industries, potentially supporting equity valuations in those markets.

Here are some of the stocks that might be affected:
Chevron ((CVX)),
Schlumberger ((SLB)),
Energy Select Sector SPDR Fund ((XLE)),
iShares MSCI China ETF ((MCHI)),
VanEck Oil Services ETF ((OIH)),
Vanguard Energy ETF ((VDE)),
iShares MSCI India ETF ((INDA)).