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.
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.”
Vessels near the Strait of Hormuz seen from Musandam, Oman, on Monday. The strait has been under constant threat since the United States and Israel launched a combined assault against Iran on Feb. 28.
Venezuela is believed to have one of the world’s largest reserves of oil but it produces very little oil because of mismanagement, corruption and U.S. sanctions.
Anthropic, led by Dario Amodei, was barred from government work after it insisted that its technology not be used in mass surveillance of Americans or for autonomous lethal weapons.
Nigerian soldiers took part in a search-and-rescue exercise at the Maiduguri Air Force Base earlier this month. Nigerian forces worked with the American military to kill one of the Islamic State’s highest-ranking leaders.
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