{"id":2555878,"date":"2026-01-28T17:39:02","date_gmt":"2026-01-28T22:39:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rubio-explains-us-oversight-of-venezuelan-oil-sales\/"},"modified":"2026-01-28T17:42:30","modified_gmt":"2026-01-28T22:42:30","slug":"rubio-explains-us-oversight-of-venezuelan-oil-sales","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rubio-explains-us-oversight-of-venezuelan-oil-sales\/","title":{"rendered":"Rubio explains US oversight of Venezuelan oil sales"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frubio-explains-us-oversight-of-venezuelan-oil-sales%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2555878&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Trump administration will soon allow Venezuela to sell oil that had been subject to U.S.sanctions, but revenue from those sales will be deposited into an account overseen by the U.S. Treasury. Sen. Marco Rubio told the Senate Foreign Relations Committee that Caracas must submit a monthly budget request for funds needed for law enforcement, sanitation workers, and daily government operations, and Washington will control disbursements to ensure the money benefits the Venezuelan people. The move stems from U.S. leverage created by a military quarantine of sanctioned Venezuelan oil; Washington will permit market-price exports instead of the deep discounts Venezuela had given to china. Funds are being held in a Qatar bank account to protect them from creditors, and the administration describes the arrangement as an interim step that does not subsidize Venezuelan oil industry investment.U.S. forces have seized seven tankers tied to a shadow-fleet scheme, and the administration is now engaging with Delcy rodr\u00edguez, who took power after Nicol\u00e1s Maduro\u2019s arrest but has shown frustration with continued U.S.pressure.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Rubio explains US oversight of Venezuelan oil sales<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2487115\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The Trump administration will begin allowing <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/venezuela\">Venezuela<\/a> to sell oil subject to U.S. sanctions in the near future with the revenue initially going to specific government services subject to Washington&rsquo;s oversight.<\/p>\n<p>Secretary of State <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/marco-rubio\">Marco Rubio<\/a> offered insight into the administration&rsquo;s strategy for handling the sale of Venezuelan oil and what will happen with the money from sales during Wednesday&rsquo;s <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/senate-foreign-relations-committee\">Senate Foreign Relations Committee<\/a> hearing.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4431263\/venezuela-advances-plan-release-oil-industry-from-state-control\/\">Venezuela advances plan to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/venezuela-advances-plan-to-release-oil-industry-from-state-control\/\" title=\"... advances plan to release ... from state control\">release oil industry<\/a> from state control<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy\/4431147\/energy-department-advises-grid-operators-use-data-centers-backup-plan-winter-storm\/\">Energy Department advises grid operators to use data centers as backup plan for winter storm<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4430335\/qatar-air-force-one-summer-delivery\/\">Qatari Air Force One ready for summer delivery<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;The funds from that will be deposited into an account that we will have oversight over,&rdquo; Rubio told senators, adding that the U.S. Treasury would control the process and that they will ensure Caracas &ldquo;spend[s] that money for the benefit of the Venezuelan people.&rdquo;<\/p>\n<p>The Venezuelan government will submit a budget to Washington of the funds it needs every month for things like funding for law enforcement, sanitation workers, and the daily government operations.<\/p>\n<p>Since the mission to capture and arrest former dictator <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/nicolas-maduro\">Nicolas Maduro<\/a> earlier this month, the U.S. has sought to exert leverage over the remaining government to ensure they begin cooperating with the Trump administration and in the president&rsquo;s interests for America.&nbsp;The U.S. has leverage through a military quarantine of its oil similar to but distinct from a blockade, Rubio said.<\/p>\n<p>&ldquo;There is oil that is sanctioned that cannot move from Venezuela because of our quarantine,&rdquo; the secretary said.&nbsp;&ldquo;And so what we did is we entered into an arrangement with them, and the arrangement is this.&nbsp;On the oil that is sanctioned and quarantined, we will allow you to move it to market.&nbsp;We will allow you to move it to market at market prices &ndash; not at the discount China was getting. In return, the funds from that will be deposited into an account that we will have oversight over.&rdquo;<\/p>\n<p>The money the U.S. is holding for Venezuela from a sale of its oil in a bank account in Qatar allows the U.S. to disburse the funds in the account without interference from other creditors who claim they are owed money from Venezuela.<\/p>\n<p>He specified that the administration does not intend to subsidize investments into the oil industry in Venezuela and characterized the current setup as an &ldquo;interim step.&rdquo;<\/p>\n<p>Under the Maduro regime, Venezuela sold oil to China primarily at a significantly discounted price and then used that revenue to pay only those involved in keeping the scheme afloat, Rubio said. Venezuela was also an active participant in Russia and Iran&rsquo;s <a href=\"https:\/\/amzn.to\/3YuVZYV\" ><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/treasury-officials-tout-success-of-russian-oil-price-cap-even-as-profits-rise\/\" title=\"Russian ... price cap hailed as successful by Treasury officials despite rising profits.\">shadow fleet<\/a> system designed<\/a> to transport oil in violation of Western sanctions and maritime law.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/4437649\/rubio-senate-hearing-cuba-venezuela-iran-greenland\/\">CUBA REGIME CHANGE, IRAN FALTERING: FIVE TAKEAWAYS FROM RUBIO&rsquo;S TESTIMONY TO CONGRESS<\/a><\/strong><\/p>\n<p>U.S. forces have seized seven oil tankers near Venezuela that had been sanctioned for involvement with the shadow fleet.<\/p>\n<p>The Trump administration is now working with Maduro&rsquo;s vice president, Delcy Rodriguez, who assumed the presidency after his arrest in early January. She initially appeared to be a willing partner for the U.S. but has recently expressed frustration with the administration&rsquo;s persistent pressure.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. to oversee Venezuela oil-sale revenues<\/p>\n","protected":false},"author":2671,"featured_media":2555879,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/01\/AP26006766199693.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[34360,72141,70311],"class_list":["post-2555878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-marco-rubio","tag-u-s-oversight","tag-venezuelan-oil"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/01\/AP26006766199693.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2555878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2671"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2555878"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2555878\/revisions"}],"predecessor-version":[{"id":2555882,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2555878\/revisions\/2555882"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2555879"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2555878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2555878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2555878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}