Trump Admin Routes Venezuelan Oil Proceeds to Qatar, Raising Transparency Concerns

TL;DR Summary
Hundreds of millions from Venezuelan oil sales are being held in a Qatar-based account rather than US banks or direct transfers to Caracas; the first sale yielded about $500 million and more are expected, with Qatar acting as intermediary to funnel funds to Venezuelan banks for food, medicine and small businesses under US oversight. Experts warn the arrangement may reduce transparency and could be used to aid the Maduro regime, while officials say the proceeds will fund government operations and essential needs in Venezuela.
- Why the Trump administration is holding millions of dollars from Venezuelan oil sales in a Qatari bank CNN
- Donald Trump’s first Venezuela oil sale deal goes to megadonor’s company Financial Times
- Trump is sending funds from Venezuela oil to a bank in Qatar: report The Independent
- Trump Is Keeping Money From Venezuelan Oil Sale in Offshore Account The New Republic
- U.S. completes first sale of Venezuelan oil, valued at $500 million, official says CBS News
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