The United States has officially started selling Venezuelan oil. US officials confirmed the first authorized sale worth 500 million dollars. More oil sales are expected in the coming days. According to American authorities, the sale marks a major policy shift. It follows recent US control over Venezuelan oil assets. Officials said the process will continue […]
US Venezuela oil
US set to lift Venezuela sanctions, economic recovery expected
US Treasury Secretary Scott Bessent announced that additional sanctions on Venezuela could be lifted as soon as next week, aiming to facilitate oil sales and encourage the return of private investment to the country. Bessent revealed that almost $5 billion in Venezuela’s frozen IMF Special Drawing Rights could be deployed to help rebuild the economy, […]