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Office of Strategic Capital (US)

Betancourt Lopez, AlejandroDefense DepartmentFeinberg, Stephen ANorth American Blue Energy Partners IncOffice of Strategic Capital (US)Oil (Petroleum) and GasolinePublic-Private Sector CooperationReserves (Natural Resources)Trump, Donald JUnited States Defense and Military ForcesUnited States International RelationsUS-Venezuela Conflict (2025- )Venezuela
August 31, 2026 Edward Wong, Rebecca F. Elliott and Anatoly Kurmanaev

How the Pentagon Is Getting Into the 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.

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