Pentagon Takes Equity Stake in NABEP: 65B-Barrel Venezuela Deal Could Create World’s No. 2 Oil Giant

‼️ 🛢️ President Donald Trump’s Venezuela oil deal grants the Pentagon an equity stake in North America Blue Energy Partners (NABEP), which has secured concessions to 65 billion barrels of proved reserves—potentially making it the world’s second-largest oil company. While the Trump administration has taken equity stakes in various firms to secure critical resources and technology, direct US government ownership in an oil company remains rare, with few historical precedents.

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