🚨 BREAKING: U.S. Completes First Venezuelan Oil Sale (~$500M)
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The United States has **finalized its first major sale of Venezuelan crude oil valued at about $500 million following recent political developments involving Venezuela’s leadership.
🇻🇪 Revenue Flow Update:
• Of that ~$500 M in oil sale proceeds, about $300 M has already been received by the Venezuelan government, where it is being used to support the economy, including bolstering the exchange market and currency stabilization.
💰 How It Works:
• The oil was sold on global markets after the U.S. assumed control over Venezuela’s oil sector under a new energy deal.
• Funds are being managed through accounts under U.S. oversight, with $300 M already flowing into Venezuela’s banking system, and the remainder held under controlled disbursement.
🌍 Why This Matters:
This marks a major shift in U.S.–Venezuela economic relations — with Washington now directly selling Venezuelan oil and steering how revenue is allocated. This comes amid broader talks of investment in Venezuela’s energy sector and potential easing of sanctions on exports.
Trump has framed these developments as part of a strategy to boost U.S. energy influence while aiding Venezuela’s economic stabilization after years of sanctions and political turmoil.
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