Trump gives Pentagon control over Venezuela oil
The "Wall Street Journal" reported that U.S. President Donald Trump recently struck a deal with Venezuela, granting the Pentagon significant influence over the country’s oil wealth. The deal involves the United States acquiring a 35% stake in North American Blue Energy Partners, along with the right to purchase 20% of its production at cost price, in addition to financing the investment through low-interest bonds. The United States aims to secure a steady energy source across the Western Hemisphere and is using this deal to garner political gains ahead of the midterm congressional elections in November, amid declining global oil supplies due to the war with Iran.
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