US controls $12B Venezuelan oil revenue via seized account
Published 1 d ago2 sourcesEvidence: Reported
A New York Times report reveals that the US managed $12 billion in Venezuelan oil revenue, with most funds allocated to currency auctions supporting the bolívar. This indicates a significant, previously underreported US role in managing Venezuelan oil income, likely under sanctions relief frameworks. The revelation raises questions about the extent of US financial oversight and its implications for Venezuela's economy and political dynamics.
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