Trump administration freezes assets to push US oil tycoon out of Venezuela

The Trump administration is intensifying pressure on American oil businessman Harry Sargeant III to exit Venezuela. The US Treasury Department has frozen the assets of his offshore company tied to Venezuelan oil operations. The asset freeze is intended to facilitate Sargeant's divestment from the Venezuelan entity. Sargeant had previously served as a key intermediary between Washington and Caracas. The move is part of broader US efforts to enforce compliance with its foreign policy toward Venezuela.