Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal
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Source: CNBC
Published: 2026-09-05 22:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, World News, US Politics
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Snippet:
The Pentagon has received a big ownership stake in an obscure private oil company that will control crude reserves larger than ExxonMobil's global portfolio if President Donald Trump's Venezuela deal is successful.
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