President Trump's New Oil Deal with Venezuela Raises Constitutional and Moral Concerns
President Trump announced a new oil deal with Venezuela, which he described as 'THE BIGGEST OIL DEAL IN WORLD HISTORY.' This agreement involves the United States and Venezuela working through two intermediaries to facilitate oil flow. The Venezuelan partner, Alejandro Betancourt, head of North American Blue Energy Partners, has faced investigations for money laundering. The American partner is the Pentagon's Office of Strategic Capital (OSC), which will take a 35% stake in Betancourt's firm and secure the right to buy 20% of all production 'at cost.' The OSC, established in 2022 to develop vital industries through loans and loan guarantees, is now the primary backer of this deal. Critics, including Jonah Goldberg, editor-in-chief of The Dispatch, question the legality and morality of this arrangement, particularly given the U.S. administration's previous vows to restore Venezuelan democracy and the involvement with a regime described as corrupt and unelected. President Trump has a history of advocating for...