US makes initial $500M Venezuelan oil deal; some proceeds headed to Qatari bank
Source: The Hill
01/14/26 3:13 PM ET
The Trump administration has completed its first Venezuelan oil sale, valued at $500 million, an administration official confirmed to The Hill on Wednesday.
The official also said additional sales are expected in the coming days and weeks.
Semafor first reported the deal, including that revenue from it is being held in bank accounts, including one in Qatar, that are controlled by the U.S. government.
President Trump brokered a historic energy deal with Venezuela, immediately following the arrest of narco terrorist Nicolás Maduro, that will benefit the American and Venezuelan people, White House spokesperson Taylor Rogers said.
Read more: https://thehill.com/homenews/administration/5689426-venezuela-oil-sale-trump/
vapor2
(3,830 posts)WTF. He has done NOTHING for America
FalloutShelter
(14,204 posts)The heist is just normal now huh? TSF just takes what he wants .
JUST WOW
mdbl
(8,137 posts)That's what most scammers do.
Wuddles440
(1,980 posts)hay rick
(9,379 posts)Article here:https://www.reuters.com/business/energy/trading-houses-beat-us-majors-first-deals-venezuelan-oil-2026-01-12/
From the article:
The U.S. government tapped the giant merchant houses because they were better suited to quickly get Venezuelan oil exports flowing again, four industry sources familiar with the negotiations said. That is the first order of business for Washington before reconstruction can begin, so that revenue from exports under U.S. supervision can fund the government of interim President Delcy Rodriguez in Caracas.
.......
Most of the $2 billion of oil in the deal being finalized was initially set for shipment to Chinese refiners. Chinese independent refiners have been the top buyers of Venezuelan crude since the U.S. imposed sanctions on the country's main traders in 2020.
Buddyzbuddy
(2,166 posts)this thief in chief, all while he picks everybody's pockets. Nah, the plane was free.