The Trump administration sought Alejandro Betancourt's help for a major US oil deal with Venezuela. Federal prosecutors recently closed their investigation into Betancourt after administration officials intervened. Betancourt was investigated as part of a probe into alleged embezzlement and laundering from PDVSA. His position shifted as the administration sought a larger role for US companies in Venezuela's oil industry.
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Business
September 5, 2026 at 3:21 AM
Trump team quietly closed probe into businessman eyed by US to broker Venezuela oil deal
TOI Business