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How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.

© Adriana Loureiro Fernandez for The New York Times

President Trump said his defense secretary and secretary of state reached an agreement with the Venezuelan government on securing billions of barrels of oil reserves “through a partnership with private business.”
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How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.

© Adriana Loureiro Fernandez for The New York Times

President Trump said his defense secretary and secretary of state reached an agreement with the Venezuelan government on securing billions of barrels of oil reserves “through a partnership with private business.”
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Trump Administration to Target Visas of Up To 200,000 Foreign Citizens Applying for Asylum

The State Department, in a move that could affect as many as 200,000 visa holders and asylum applicants, has begun its review. Cancellations could occur in waves.

© Oliver Contreras/Agence France-Presse — Getty Images

“Obtaining a visa in order to seek asylum is fraud — which is grounds for visa revocation,” Tommy Pigott, a State Department spokesman, said in a statement.
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Trump Administration Aims to Revoke Visas of Foreign Citizens Applying for Asylum

The State Department, in a move that could affect as many as 200,000 visa holders and asylum applicants, has begun its review. Cancellations could occur in waves.

© Oliver Contreras/Agence France-Presse — Getty Images

“Obtaining a visa in order to seek asylum is fraud — which is grounds for visa revocation,” Tommy Pigott, a State Department spokesman, said in a statement.
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As China Pushes to Expand in Asia, Trump Focuses on Iran

Asian allies are beginning to wonder whether the United States would or could defend them in a war.

© Aaron Favila/Associated Press

The Sierra Madre, a Philippine naval ship, in the South China Sea in 2023. Last month, a Chinese Coast Guard vessel began circling the ship and confronted Philippine service members.
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As China Pushes to Expand in Asia, Trump Focuses on Iran

Asian allies are beginning to wonder whether the United States would or could defend them in a war.

© Aaron Favila/Associated Press

The Sierra Madre, a Philippine naval ship, in the South China Sea in 2023. Last month, a Chinese Coast Guard vessel began circling the ship and confronted Philippine service members.
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