Flingjore Independent News

Flingjore Independent News

US finalizes first sale of Venezuelan crude; industry leaders balk at investment push

Administration routes $500 million to Qatari accounts to fund reconstruction, but energy executives warn the White House that legal risks and degraded infrastructure make the sector 'uninvestable."

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Jay Keller
Jan 15, 2026
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The United States government is finalizing its first sale of Venezuelan crude oil today, securing $500 million in proceeds that are being routed through financial accounts in Qatar. The transaction m…

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