Findings

Congress finds that— (1) on January 6, 2026, President Trump announced a United States-Venezuela energy deal under which the United States will market and sell Venezuelan oil and deposit proceeds into U.S.-controlled accounts; (2) according to the fact sheet of the Department of Energy issued on January 7, 2026, on the United States-Venezuela energy deal— (A) the Federal Government has engaged commodity marketers and banks to execute and provide financial support for the crude oil and crude products sales; (B) all proceeds from the sale of Venezuelan crude oil and oil products will first settle in United States-controlled accounts at foreign banks to guarantee the legitimacy and integrity of the ultimate distribution of proceeds; and (C) the funds will be disbursed for the benefit of the American people and the Venezuelan people at the discretion of the U.S. government and will continue indefinitely; (3) under the United States-Venezuela energy deal, the United States is selectively rolling back sanctions to enable the transport and sale of Venezuelan crude and oil products to global markets, and the Office of Foreign Assets Control of the Department of the Treasury is also issuing new licenses for certain companies to import and export Venezuelan oil; and (4) during testimony to the Committee on Foreign Relations of the Senate on January 28, 2026, Secretary of State Marco Rubio said there were plans for an audit process to review expenditures from an account in Qatar set up under the United States-Venezuela energy deal, but Secretary Rubio added that We haven't finalized what that audit process would be..