The Aporia
In January, the Trump administration orchestrated an operation that led to the capture of Venezuela's authoritarian president Nicolás Maduro. Subsequently, last week, the U.S. government announced a significant oil deal with Venezuela, granting North American Blue Energy Partners (NABEP) rights to develop 17 oil fields containing about 65 billion barrels of proven crude deposits—approximately one-fifth of Venezuela's total reserves—for a century. The Pentagon will take a 35% stake in NABEP and the State Department has the right to buy 20% of its oil at cost, with preferential access to an additional 80%. Critics argue this deal benefits Trump’s wealthy friends more than it aids Venezuela's economy or democracy, raising concerns about corruption and the legitimacy of such agreements under Maduro's successor.