Now Reading: US Treasury freezes Trump donor’s Venezuela oil assets
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US Treasury freezes Trump donor’s Venezuela oil assets
The US Treasury has frozen assets of Florida oil billionaire Harry Sargeant III's offshore company, which operates in Venezuelan oil ventures. Sargeant, a major Republican donor, once served as a key backchannel…
The Story in Brief
The US Treasury has frozen assets of Florida oil billionaire Harry Sargeant III's offshore company, which operates in Venezuelan oil ventures. Sargeant, a major Republican donor, once served as a key backchannel between Washington and Caracas during years of US-Venezuela hostility. The move is part of the Trump administration's push to force him to exit Venezuela. The Treasury also issued a license allowing Sargeant to wind down his interests in the firm, sources told Times of India.
The Indian Opinion
This looks like a squabble among Republican elites, not a principled stand against the Maduro regime. The same administration that used Sargeant as a backchannel now calls him a liability. What standard is really being enforced? Watch whether other US oilmen in Venezuela face similar action, or if this is just a personal score settled.
Source: timesofindia.indiatimes.com
This story was synthesised by AI from the source linked above.
