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BumRushDaShow

(166,049 posts)
Wed Jan 14, 2026, 06:56 PM 7 hrs ago

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/

6 replies = new reply since forum marked as read
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US makes initial $500M Venezuelan oil deal; some proceeds headed to Qatari bank (Original Post) BumRushDaShow 7 hrs ago OP
Money to go straight to his pockets??? vapor2 7 hrs ago #1
Jeebus Rice! FalloutShelter 7 hrs ago #2
I'm surprised he didn't deposit it to his crypto account mdbl 6 hrs ago #3
Payment for the jet they "gifted" to him? Wuddles440 6 hrs ago #4
Most of the oil is going to China, LOL hay rick 6 hrs ago #5
LMAO at you MAGA/Republican rubes that believe Buddyzbuddy 5 hrs ago #6

hay rick

(9,379 posts)
5. Most of the oil is going to China, LOL
Wed Jan 14, 2026, 08:01 PM
6 hrs ago

Article here:https://www.reuters.com/business/energy/trading-houses-beat-us-majors-first-deals-venezuelan-oil-2026-01-12/

From the article:

The first companies to secure any business in the wake of the U.S. military action in Caracas, however, were Dutch-based trader Vitol and Singapore-headquartered peer Trafigura, rather than U.S. majors.

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)
6. LMAO at you MAGA/Republican rubes that believe
Wed Jan 14, 2026, 08:26 PM
5 hrs ago

this thief in chief, all while he picks everybody's pockets. Nah, the plane was free.

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