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    Home»News»US Will Oversee Profits From Venezuelan Oil Sales, White House Says
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    US Will Oversee Profits From Venezuelan Oil Sales, White House Says

    Whatfinger EditorBy Whatfinger EditorJanuary 7, 2026No Comments1 Min Read
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    White House press secretary Karoline Leavitt speaks during the daily briefing in the Brady Briefing Room of the White House in Washington on Jan. 7, 2026. Mandel Ngan/AFP via Getty Images

    WASHINGTON—The Trump administration is selectively removing sanctions on Venezuelan oil to allow its export and sale in global markets, the White House announced on Jan. 7. According to a new policy statement, all proceeds from the oil sales will be controlled by the U.S. government and distributed for the benefit of the Venezuelan and American people.

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    Read Full Article: https://www.theepochtimes.com/us/us-will-oversee-profits-from-venezuelan-oil-sales-white-house-says-5967535/?utm_source=partner&utm_campaign=whatfinger

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