THENATIONALPULSE (Pulse Wires) - Rubio Explains Trump Plan to Control Venezuelan Oil Trade.
PULSE POINTSWHAT HAPPENED: The Trump administration announced plans to allow Venezuela to sell oil currently under sanctions, with revenue to fund basic government services and under U.S. oversight.WHO WAS INVOLVED: U.S. Secretary of State Marco Rubio, Venezuelan interim leaders including acting Venezuelan President Delcy Rodríguez.WHEN & WHERE: Rubio’s remarks were made on Wednesday at a […] The post Rubio Explains Trump Plan to Control Venezuelan Oil Trade. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: The Trump administration announced plans to allow Venezuela to sell oil currently under sanctions , with revenue to fund basic government services and under U.S. oversight. WHO WAS INVOLVED: U.S. Secretary of State Marco Rubio, Venezuelan interim leaders including acting Venezuelan President Delcy Rodríguez. WHEN & WHERE: Rubio’s remarks were made on Wednesday at a Senate Foreign Relations Committee hearing, with developments in Venezuela ongoing. KEY QUOTE: “The funds from that will be deposited into an account that we will have oversight over,” Rubio said, emphasizing U.S. control over the revenue allocation. IMPACT: The move aims to stabilize Venezuela’s economy and transition its oil industry…Open