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Billionaire Coinbase Founder Reportedly Seeks Venezuelan Oil Deal—Along With Chevron, ENI, BABEP
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September 2, 2026
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3:59Now PlayingBillionaire Coinbase co-founder and ally of President Donald Trump, Fred Ehrsam, is reportedly seeking to take over three oil fields in Venezuela where the U.S. government is considering pushing out their current operators—the latest potential shakeup in Venezuela’s oil industry as Trump seeks to restructure it.
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