Trump puts the Pentagon in Venezuela's oil. And the partner will be a businessman investigated for money laundering and tax fraudPhoto by Charles Criscuolo on Pexels
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Trump puts the Pentagon in Venezuela's oil. And the partner will be a businessman investigated for money laundering and tax fraud

CNN Portugal1 September 2026 at 18:57

Trump's government could get up to 35% of a company that will exploit Venezuelan oil, obtaining privileged access to production. The agreement was conducted by a Pentagon office that had originally been created with the objective of strengthening the United States' Defense industry.

The partnership involves Alejandro Betancourt López, a Venezuelan businessman who is being investigated in Spain and Switzerland for money laundering and tax fraud. The White House guarantees that the agreement was closed "at no cost to the United States."

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