Why the Trump administration is holding millions of dollars from Venezuelan oil sales in a Qatari bank
Hundreds of millions of dollars that the United States is raising from the sale of Venezuelan oil is being sequestered in Qatar. It’s an indirect path that could speed the flow of much-needed money to Venezuela, but it also raises questions about the transparency surrounding those funds.
The Trump administration confirmed the first sale of Venezuelan oil Wednesday, saying it raised $500 million. It is just the first of numerous sales expected to bring in billions of dollars in the months – and potentially years – to come.
