U.S. Sells $500 Million of Venezuelan Oil

The first U.S. sale of Venezuelan oil, valued at $500 million, has been completed, with more sales anticipated. President Trump highlighted a “historic energy deal” following Nicolás Maduro’s arrest, aiming to sell 30-50 million barrels of oil in collaboration with U.S. companies while reviving Venezuela’s oil infrastructure. Proceeds will be shared among Venezuelans, U.S. firms, and the government, with a focus on American-made products. Despite heavy sanctions on Venezuelan oil, public opinion suggests limited U.S. control over Venezuela post-arrest.

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