United States Completes First Sale of Venezuelan Oil Under New Control
2 hours agoPolitics
34LENS
3 SourcesWashington (state), United States
TBNthebalanced.news

United States Completes First Sale of Venezuelan Oil Under New Control

The United States has completed its first sale of Venezuelan oil, valued at around $500 million, marking a significant shift after Washington took control of Venezuela's overseas energy revenues. The proceeds are reportedly held in US and Qatari bank accounts. The US administration, following the ousting of President Nicolás Maduro, views the deal as a step toward restoring Venezuela's oil infrastructure and countering narcoterrorism, with further sales anticipated.

Political Bias
10%67%23%
Sentiment
58%