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How the Pentagon Is Getting Intothe 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.

This story summarizes reporting from The New York Times. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The New York Times →
Edward Wong, Rebecca F. Elliott and Anatoly Kurmanaev1 Sept 2026, 04:12 pmUpdated 19h ago1 min readBusinessGlobal
How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

Global — Edward Wong, Rebecca F. Elliott and Anatoly Kurmanaev

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.

This report is published with credit to The New York Times. The wire sent a summary; open the original for any extra context. Read on The New York Times →

Source: The New York Times · Edward Wong, Rebecca F. Elliott and Anatoly Kurmanaev. Published 1 Sept 2026, 04:12 pm.

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