US Moves to Seize Venezuela's Oil Money "Indefinitely"

The United States is preparing a plan to take long-term control over Venezuela's oil revenues. The goal is to funnel money from crude sales directly to American banks. Washington is set to lift some oil sanctions on Venezuela soon. However, the new system would prevent the Venezuelan government from freely accessing the profits. Instead, the revenue would be managed by U.S. financial institutions. This measure is intended to be open-ended, or "indefinite." The plan aims to ensure that oil money benefits the Venezuelan people. It seeks to stop funds from going to President Nicolás Maduro's administration. This move represents a major shift in U.S. policy. It replaces broad sanctions with direct control over Venezuela's primary source of income.