U.S. Treasury on Friday froze assets of offshore companies tied to Florida oil
magnate and Republican donor Harry Sargeant III that participate in Venezuela
oil production, sources said, and issued a license allowing the liquidation of
his interests in those entities. Sargeant has served as a confidential conduit
between Washington and Caracas—meeting President Maduro and other senior
officials—and used that role to pursue oil deals in Venezuela that most firms
avoided due to political risk and sanctions; he also helped secure the 2025
release of a detained U.S. citizen.
