BREAKING: U.S. Completes First Venezuelan Oil Sale
The United States has completed its first sale of Venezuelan oil worth about $500 million
under a recent agreement with Caracas. This marks a historic step in U.S.Venezuela energy ties and signals renewed market
engagement.
Reuters +1
Instead of the proceeds going directly to
Venezuela or the U.S. Treasury, the revenue is being held in U.S.‑controlled bank accounts, with the main account located in
Qatar as a neutral venue to facilitate transfers with U.S. oversight and minimize legal risk.
Investing.com
This approach reflects a new chapter in how resource revenues are managed and could influence global energy finance, sovereign
debt claims, and political leverage as major powers watch closely.
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