From a March call to a federal stake: the Trump administration’s Venezuela oil bet
TL;DR Summary
On a March phone call, a Trump administration emissary pitched Venezuelan oilman Alejandro Betancourt on partnering with the U.S. government, leading to the U.S. taking a stake in NABEP and promising access to new oil reserves—an arrangement that expands U.S. influence in Venezuela despite Betancourt’s controversial dealings and investigations, with Washington arguing the partnership provides benefits to both sides.
- Trump’s huge Venezuela deal began with a call and a bet on an oilman washingtonpost.com
- The U.S. Wants the Oil From These 17 Venezuelan Fields The New York Times
- Oil and politics: What Trump’s ‘historic’ deal means for Venezuela Al Jazeera
- Trump’s Neocolonial Agenda Is Destined to Backfire The New Yorker
- US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits? CNN
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