The U.S. federal government said it would begin marketing millions of barrels of crude oil from Venezuela under the terms of a deal announced by the Trump administration with few details.
“The United States government has begun marketing Venezuelan crude oil in the global marketplace for the benefit of the United States, Venezuela and our allies,” a readout from the U.S. Department of Energy stated late Wednesday. “We have engaged the world’s leading commodity marketers and key banks to execute and provide financial support for these crude oil and crude products sales.”
