Trump Administration Sells Venezuelan Oil, Funds Held in U.S.-Controlled Accounts Including Qatar

Following a U.S. military operation that led to the arrest of Venezuelan President Nicolás Maduro, the Trump administration completed its first sale of Venezuelan crude oil valued at $500 million. The proceeds from this and potential future sales, which could total up to 2.8 billion dollars, are being held in U.S.-controlled accounts, including one in Qatar. These funds are intended to support the rebuilding of Venezuela's energy sector and benefit its population.