Source: Semafor
by Eleanor Mueller & Shelby Talcott
“Nearly six weeks after the Trump administration ousted Venezuela’s leader with plans to effectively run the country, its manner of doing so is increasingly opaque. The first US sale of Venezuelan oil took place 11 days after President Donald Trump’s declaration that the US would rely on Caracas’ oil revenues to control its future. But one month after Semafor reported that proceeds from an initial $500 million sale were held in a Qatari account, there is no sign of a second successful sale. There’s also no clarity on when future proceeds will shift to a US-based Treasury Department account from the Qatari account, which was used to help shield the oil proceeds from Venezuela’s creditors.” (02/11/26)
https://www.semafor.com/article/02/11/2026/trump-administrations-approach-in-venezuela-gets-murkier