US Officially Sells Venezuelan Oil Worth $500 Million to Global Markets

The United States has completed its first sale of Venezuelan oil worth nearly $500 million, marking a key development in a new energy arrangement between Washington and Caracas, according to a government official. Officials said the revenue from the sale has been placed in US-controlled bank accounts, with the main account based in Qatar as a neutral location to ensure transparency and proper oversight while talks between the two countries continue.

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