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Trump administration to control majority stake in Venezuelan oil venture

The Trump administration has secured a majority stake in a new joint venture controlling 65 billion barrels of Venezuelan oil reserves, a deal that would make the U.S. federal government the operator of the world's second-largest corporate holder of proven reserves.

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The Trump administration has secured a majority stake in a new joint venture controlling 65 billion barrels of Venezuelan oil reserves, a deal that would make the U.S. federal government the operator of the world's second-largest corporate holder of proven reserves.

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