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How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

In brief

The Pentagon's Office of Strategic Capital, initially established to strengthen domestic defense capabilities, has shifted its focus to facilitate crude oil acquisition from Venezuela. This strategic pivot marks a significant intersection between military infrastructure financing and energy security policies under the Trump administration. The initiative demonstrates how defense-oriented financial mechanisms are being leveraged to achieve broader geopolitical and economic objectives in Latin America.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump
How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal. continue reading...

Author
The New York Times

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