US-Venezuela Tensions: US Begins Sale Of Venezuelan Oil, First Shipment Valued At $500 Million
Edited By WION Video Desk
Published: Jan 15, 2026, 12:06 IST | Updated: Jan 15, 2026, 12:06 IST
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The United States has begun the sale of Venezuelan oil, marking the first US-led shipment since Washington took control of the country’s overseas energy revenues. The initial sale is valued at around 500 million dollars, signalling a major shift in how Venezuelan oil is being marketed following recent political changes in Caracas. The move is expected to have implications for global oil markets and US-Venezuela relations.
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