Oil and US oversight: How is Venezuela’s interim government surviving?

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ARTICLE AD BOX

After transferring between 30 and 50 million barrels of crude to the US, Venezuela has received $500m from its first oil sale under a US-brokered agreement.

The deal, reached last month, provides a lifeline for Venezuela’s struggling economy. However, the government does not control the proceeds. Instead, funds are deposited into a restricted account in Qatar, subject to US approval, to pay publ...

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