United States completes first sale of Venezuelan oil
Africanews · Just In
Africanews
Just In
The United States has completed its first sale of Venezuelan oil, generating around $500 million, a US official said Wednesday, the first major energy transaction since Washington’s dramatic intervention in Venezuela earlier this month.
Breakdown
- U.S. completes first Venezuelan oil sale, generating $500 million
- Sale is part of a $2 billion U.S.-Venezuela agreement 14s
- More oil sales expected as U.S. oversees Caracas' crude 20s
- U.S. forces captured President Maduro in Caracas operation 29s
- Venezuela holds 303 billion barrels, 17% of global oil reserves 54s
