šŗšøš»šŖ $FHE Update: U.S. Begins Major Venezuelan Oil Sales
The United States has completed its first $500 million sale of Venezuelan oil, marking the first sale since Washington took control of the countryās oil sector following the capture of President NicolĆ”s Maduro. ļæ½
South China Morning Post
President Donald Trump announced plans for U.S. energy companies to invest up to $100 billion to rebuild Venezuelaās oil industry, and further crude sales are expected in the coming days and weeks. ļæ½
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ā” The Venezuelan oil being sold is part of a larger transfer of 30ā50 million barrels of sanctioned crude to the U.S., which officials say will be marketed globally. ļæ½
South China Morning Post
ā”ļø More sales could be coming soon, and the administration says proceeds will initially be held in U.S.-controlled accounts as part of the broader energy strategy. ļæ½
Yahoo Finance