US defends oil deal with Venezuelan investor Betancourt | The BriefBrief
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US defends oil deal with Venezuelan investor Betancourt

Filed: Sep 01, 2026 at 6:00 PM ET
Summary: The Trump administration defended partnering with controversial investor Betancourt on 17 oil fields in Venezuela. Officials said he is uniquely positioned to help revitalize the country’s aging wells and restore crude flow.
WHO: Trump administration
WHAT: Defended a decision to partner with Venezuelan energy investor Betancourt on 17 oil fields
WHEN: Sep 01, 2026 at 5:28 PM ET
WHERE: Venezuela
WHY: The administration was responding to criticism or scrutiny of its decision to partner with the controversial investor on the 17 oil fields.
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