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At close · Sat, Aug 29, 2026
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HomeGlobal MarketsTrade & TariffsTrump’s Venezuelan oil deal will rely on a close-ties…

Trump’s Venezuelan oil deal will rely on a close-ties private partner

The New York Times Business reports that the administration’s planned Venezuelan oil arrangement will be carried out with a private Venezuelan oil company that has close ties to the country’s government.

The outlet characterizes the partner as politically powerful and divisive, framing the deal’s reliance on that relationship as a key factor in how it will be implemented.

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