⛽ Treasury pressures oil magnate over Venezuela deal
The US Treasury is putting pressure on Harry Sargeant to sell off his Venezuelan oil venture assets. This action was taken against Sargeant's offshore company involved in Venezuelan oil production. The Treasury froze assets on Friday, while also issuing a license to unwind his interests. Sargeant previously acted as a key link between Washington and Caracas during tense years. Moving forward, the administration aims for responsible investment in Venezuela. ⛽