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U.S. officials defend deal with controversial Venezuelan oil baron - Axios

U.S. officials defend deal with controversial Venezuelan oil baron - Axios

A U.S. official talked up Alejandro Betancourt as a "proven operator" in the country's oil sector.

The Pentagon's Office of Strategic Capital is taking a 35% equity stake in the company.The U.S. also has the rights to buy 20% of the oil at cost after the company pays its taxes to … [+5615 chars]

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