Trump forces US oil billionaire to exit Venezuela

The Trump administration is ramping up its efforts to persuade Harry Sargeant III to withdraw from Venezuela. In a significant move, the Treasury Department has frozen the assets of his offshore company connected to oil operations. This halt enables Sargeant to divest from the Venezuelan entity effectively, a role he previously held as a crucial facilitator between Washington and Caracas, while ensuring compliance with US foreign policy.

By BLOOMBERG