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.
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.
BELLINGS Intelligence Score: 55
Why it matters
The Pentagon's involvement in Venezuelan oil under the Trump administration represents a significant geopolitical and strategic development with potential implications for U.S. energy security and sanctions policy, affecting credit and investment risks in related markets.
Sources
The New York Times Business
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.