Energy Geopolitics Update
The United States has completed its first
Venezuelan oil sale worth about $500 million under the new energy arrangement with
Venezuela. The proceeds from this initial transaction are being held in U.S.controlled bank accounts, including one in Qatar, to
ensure oversight and prevent seizure. More oil sales are expected in the coming days and weeks as part of the broader deal between
Washington and Caracas.
reuters.com +1
This move marks a significant development in
U.S.Venezuela energy relations, with the U.S. aiming to involve American companies in
rebuilding Venezuela’s oil infrastructure and reshape energy flows.
cbsnews.com
