NYT
How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump
Tuesday, September 1, 2026
The Pentagon's Office of Strategic Capital, established during the Biden administration to provide loans supporting the U.S. defense industry, is participating in negotiations related to Venezuelan oil operations under the Trump administration. The office's specific role and the terms of any agreement have not been detailed in public statements. Defense Department officials have not confirmed the scope or timeline of involvement.
Original reporting: https://www.nytimes.com/2026/08/31/us/politics/pentagon-venezuela-oil.html
