Mon - Fri 8:00 - 6:30

Because everything affects our health, life, and legacy.

Business

Article Image Business

Trump's Venezuela oil deal nets first $500M sale under new agreement

On HALO

2 hours ago

A Trump administration official confirmed to Fox News on Wednesday the first sale of Venezuelan oil, valued at $500 million, has been completed.The deal came after President Donald Trump announced interim authorities in Venezuela would be turning over between 30 million and 50 million barrels of sanctioned oil to the U.S., worth about $2.8 billion at current market prices.Energy Secretary Chris Wright said the U.S. government would oversee the sale of the oil and proceeds would be deposited into accounts controlled by Washington. Additional sales are expected in the coming days and weeks.EXPER...

HALO NEWSLETTER

Join HALO today and unlock this story instantly — It's Free

2 hours ago
On HALO

Opinion and Comments