What Happened
Defense Department Invests In Oil Production Partnership
The Pentagon’s Office of Strategic Capital is leading a partnership with a private oil producer to secure billions of barrels of oil reserves in Venezuela. The deal, announced by President Trump, gives the Pentagon the option to take up to a 35% stake in the parent company of the oil firm, North American Blue Energy Partners. The agreement is part of a broader effort by the US government to boost defense industrial production and secure strategic assets. This development was reported by an unknown source.