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US Eyes Venezuela’s Oil Through Betancourt | Venezuela News
The U.S. is making a bold move in Venezuela by securing a massive stake in its oil reserves—over 65 billion barrels—through a new US-backed venture led by Alejandro Betancourt, a controversial Venezuelan billionaire with ties to Hugo Chavez’s era. Despite past allegations of money laundering and shady contracts, Betancourt remains uncharged and has the backing of the Trump administration, which even intervened in Swiss probes to fast-track this deal. The partnership, backed by the Pentagon and State Department, grants Betancourt’s company long-term access to 17 oil fields, with the U.S…
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