PoliticsWho is Alejandro Betancourt, ex-Chavez ally now Trump’s Venezuela oil man?

Controversial Venezuelan businessman Alejandro Betancourt, who built his fortune through contracts awarded during Hugo Chavez’s presidency and has faced alleged money-laundering investigations, has been chosen by the Trump administration to lead a new US-backed oil venture. Washington plans to take a 35 percent passive stake in his North American Blue Energy Partners as it seeks to expand Venezuelan production.

Venezuela oilTrump administrationAlejandro Betancourt

People in this report Donald Trump

AAl Jazeera★★★★☆2026-09-01 14:17Original