Coinbase Co-Founder Targets Venezuela Oil Fields in Orinoco Belt

A startup backed by Coinbase's co-founder is seeking control of the Boca, Guico, and Guara fields in Venezuela's Orinoco Belt, per Bloomberg. This signals potential foreign investment in Venezuela's energy sector despite sanctions, though the deal's structure and feasibility remain unclear. If successful, it could alter regional oil supply dynamics and test US policy.