Trump administration's first sale of Venezuelan oil valued at $500 million, with proceeds held in offshore account in Qatar. Sen. Elizabeth Warren: “There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military” - calling it 'precisely a move that a corrupt politician would be attracted to." Trump indicated US would effectively run Venezuela for indeterminate time and take control of up to 50 million barrels of oil.
Venezuela owes international creditors as much as $170 billion.