U.S. Sells First Venezuela Oil Cargo for $500 Million
The United States has sold the first cargo of Venezuelan cargo it received from the country after the ousting of President Nicolas Maduro. The sale fetched $500 million, an unnamed Washington official told media. CNN quoted the source as saying there would be more sales in the coming days. Earlier this month, President Donald Trump said Venezuela would “turn over” between 30 and 50 million barrels of its crude to the U.S. Reuters quoted the Washington official as saying the proceeds of the sale were out into bank accounts under the…