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How will the US-Venezuela oil deal work? Alejandro Betancourt, China and Trump’s 65 bn barrel bet | All you need to know
Mint
September 4, 2026
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Donald Trump's oil deal in Venezuela ensures a US stake in its vast crude resources, reshaping revenue control. Involving Alejandro Betancourt, the arrangement aims to secure US access to oil while diminishing China's influence over Venezuela's energy sector.
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