US Opens Venezuela Oil Exports, Controls Revenue Amid Maduro Capture

• The US rolls back select sanctions, allowing Venezuela to export crude oil globally to stabilize its energy sector.
• All proceeds from Venezuelan oil sales will be deposited in US-controlled accounts at global banks, ensuring transparency and proper distribution.
• The deal includes an initial sale of 30-50 million barrels, with the US also supplying diluent and oilfield equipment to Venezuela.
• US Secretary Chris Wright confirmed cooperation with Venezuelans to market crude, stabilize production, and attract future American investment.
• This initiative follows the apprehension of Venezuelan leader Nicolas Maduro and his wife, indicted on drug trafficking charges in New York.

Why It Matters: Trump admin's deal allows Venezuelan oil exports under strict US financial control, following Maduro's capture.