The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington’s strategy to bring the impoverished nation’s crude to market and control its most valuable resource.
An oil refinery in the Maracaibo lake in Maracaibo, Venezuela.
The Trump administration plans to control future sales of Venezuelan oil and hold the proceeds in US accounts, Energy Secretary Chris Wright said, making the clearest statement yet on Washington’s strategy to bring the impoverished nation’s crude to market and control its most valuable resource.
An oil refinery in the Maracaibo lake in Maracaibo, Venezuela.