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4h ago

U.S. Completes First Venezuelan Oil Sales Under $2 Billion Deal

Proceeds remain in Treasury-supervised accounts in Qatar to prevent creditor seizures.

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Estados Unidos confirmó que ya se concretaron las primeras ventas de petróleo venezolano como parte de un acuerdo por 2 mil millones de dólares. Los ingresos quedaron resguardados en cuentas supervisadas por el Tesoro, mientras Washington endurece su postura contra Cuba y redefine su relación con Caracas.

Overview

  • The first transactions are valued at about $500 million, marking the start of the new oil sales framework announced this month.
  • Funds from the sales are held in U.S. government–controlled bank accounts, with a primary account in Qatar where movements require U.S. approval.
  • President Trump issued an executive order on January 10 to legally protect the Venezuelan oil revenues from creditor claims.
  • U.S. officials told Reuters that additional sales are expected in the coming days and weeks as more shipments and contracts are activated.
  • The arrangement contemplates 30–50 million barrels supplied to the United States, with Washington using the funds-control mechanism to oversee how proceeds are used.