US will control Venezuela oil sales 'indefinitely', official says
Officials say sales were expected to start with 30 million to 50 million barrels of oil and the revenue would be controlled by the US government.
Last updated: 2026-01-07 18:28:56 ET
Officials say sales were expected to start with 30 million to 50 million barrels of oil and the revenue would be controlled by the US government.
Energy Secretary Chris Wright said proceeds will be held in US-controlled accounts that he said are intended to flow back to Venezuela.
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