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America Completes First Venezuelan Oil Deal Worth $500 Million

January 15, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
America Completes First Venezuelan Oil Deal Worth $500 Million

The United States announced yesterday, Wednesday, the completion of its first Venezuelan oil sale deal worth $500 million, marking the first deal for President Donald Trump's administration following the ousting of former President Nicolás Maduro 11 days ago. Additional deals are expected to be completed in the coming days and weeks. A report from the Semaphore news site indicated that the deal is part of an unprecedented arrangement, where the United States will control up to 50 million barrels of Venezuelan oil, managing its marketing and sale, and redistributing the revenues to the Venezuelan people. Read the full content on Echourouk Online.

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