The Donald Trump administration completed its first sale of Venezuelan oil, bringing in $500 million. The money is now sitting in bank accounts controlled by the US government, with the main account located in Qatar. This choice of location has already caused concern among lawmakers in Washington.
The $500 million sale marks a big step for the administration, which took control of Venezuela mere days ago after removing former leader Nicolás Maduro. President Trump said the US will run the country for an unknown period of time. The plan is to take control of up to 50 million barrels of Venezuelan oil, sell it worldwide, and send the money back to Venezuela.
