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Trump: Venezuelan crude to refill US Strategic Petroleum Reserve
OilPrice.com·US · VE·1 day ago
The Pentagon's Office of Strategic Capital, originally created to fund defense industrial base projects, is now supporting President Trump's oil deal with Venezuela. This marks a notable expansion of the office's mandate into energy diplomacy, intertwining U.S. defense finance with foreign oil policy. The move signals a strategic shift in how the U.S. leverages defense resources for geopolitical ends, though details of the deal's structure and scope remain unclear.
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