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U.S. and Venezuela’s Secret Oil Deal | California News
Description
The U.S. and Venezuela just struck what’s being called the biggest oil deal in history — a move that’s already sparking controversy. President Trump declared it done, but behind the scenes, it’s being handled through shady intermediaries. Venezuelan businessman Alejandro Betancourt, linked to money laundering and part of the “Bolichicos” elite, is fronting the deal. On the U.S. side, it’s not big oil companies — it’s the Pentagon’s Office of Strategic Capital, which took a 35% stake in Betancourt’s firm and secured rights to 20% of the oil output. Critics are raising red flags: partnering with a regime labeled criminal, using questionable authority, and potentially undercutting American producers — all while promising lower gas prices down the road. Experts say it’ll take years to get the fields operational and refineries ready — so cheaper fuel before the next election? Probably not happening.
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