Trump intensifies pressure, demanding billionaire Simon.
The Trump administration is intensifying pressure on Florida oil tycoon and Republican donor Harry Sargeant III, demanding that he divest from Venezuela. The U.S. Treasury froze the assets of an offshore company under Sargeants control on Friday, which is involved in oil extraction activities in Venezuela. Sources say that, at the same time, the Treasury issued a permit allowing him to dispose of his interests related to exiting the business. The Treasury's Office of Foreign Assets Control has imposed sanctions on Sargeant's Blue Energy Holdings, which is currently conducting business under a sanctioned status.
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