Economy Politics Country 2026-02-27T19:18:28+00:00

US Energy Secretary: Venezuelan oil proceeds no longer transferred through Qatar fund

US Energy Secretary Chris Wright announced the cessation of transferring Venezuelan oil proceeds through a Qatar fund, potentially impacting Venezuela's economy.


US Energy Secretary: Venezuelan oil proceeds no longer transferred through Qatar fund

US Energy Secretary Chris Wright said on Friday that proceeds from the sale of Venezuelan oil are no longer being transferred through a fund in Qatar. This statement marks a significant shift in the financial flows related to the country's oil. It is reported that the new measures could affect the economic situation in Venezuela. Wright emphasized that the decision was made after a thorough analysis. US authorities continue to monitor the development of events.

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