US Completes First $500M Venezuelan Oil Sale

The US completed its first deal for Venezuelan oil worth $500 million, an American official told Reuters. This marks a significant development in the energy sector with major economic implications.

The United States has completed its first deal for the sale of Venezuelan oil worth $500 million. An American official informed Reuters of this on Wednesday. This transaction marks a significant development in the energy sector and carries substantial economic implications. Venezuela, home to some of the world's largest oil reserves, is now beginning to restore its energy operations under new leadership. Experts believe that this move could impact global oil prices and markets.

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2026-01-28T07:39:13+00:00

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