21 October 2026
The Secret Terms of Trump’s Venezuelan Oil Deal

Alejandro Betancourt, a 46-year-old Venezuelan energy baron, is the key figure in a historic oil deal with the Trump administration. Venezuelan opposition leaders and U. S. congressional Democrats have criticized the agreement because Betancourt has been the target of investigations of alleged corruption. Antonio Heredia/El Mundo In late August, President Donald Trump announced what he called the “biggest oil deal in world history.”
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