VIDEO: US to sell Venezuelan oil to aid people, says Rubio

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The United States is preparing to take control of Venezuelan oil that cannot move due to sanctions, Secretary of State Marco Rubio said.

He stated that 30 to 50 million barrels would be sold at market rates, with the proceeds managed to benefit ordinary Venezuelans rather than the regime or corrupt officials.

Rubio added that the move gives the US “a lot of leverage to move on the stabilisation” of Venezuela.