Business

Trump’s state capitalism in Venezuela oil deal

Updated 2026-09-05 12:40 UTC 1 source Neutral

President Trump signed an executive order allowing the US to engage in unprecedented business deals with Venezuela, aimed at addressing domestic beef prices and supporting the oil industry.

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CNBC
The deal comes eight months after Washington ousted former President Nicolás Maduro in a military raid.
2026-09-05 12:14 UTC
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