Oil revenue used to stabilize Venezuela
Автор: Fan and Friends of Marco Rubio
Загружено: 2026-02-09
Просмотров: 2977
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Secretary of State Marco Rubio explains how the United States is managing proceeds from the sale of sanctioned Venezuelan oil as part of efforts to stabilize the country’s economy. Roughly $300 million from oil sold on the open market has already been transferred to Venezuelan authorities to help cover government costs such as payroll and essential services. Under the plan, oil revenues are monitored under U.S. oversight, with funds held in controlled accounts and subject to budgeting and audit processes to ensure they are used properly rather than misused by corruption or hostile actors. The mechanism is intended to support stabilization and provide continuity while longer-term economic and political recovery efforts continue.
Senate hearing on January 28, 2026.
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