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Reed Statement on Pentagon Investment in Venezuela Oil Venture
August 31, 2026
WASHINGTON, Aug. 31 -- Sen. Jack Reed, D-Rhode Island, issued the following news release:

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Reed Statement on Pentagon Investment in Venezuela Oil Venture

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WASHINGTON, DC-Today, following reports that President Trump and Secretary Hegseth have directed the Department of Defense to take a 35 percent stake in a private equity firm engaging in preferential purchase rights of Venezuelan oil production, U.S. Senator Jack Reed (D-RI), the top De . . .

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