US Confirms $12B Transfer to Venezuela for Oil, Resource Exports Post-Maduro

Washington has confirmed transferring over $12 billion to Venezuela for oil and other resource exports, following the capture of Nicolás Maduro in January. The US has taken control of marketing Venezuelan oil and export revenues, marking a significant shift in bilateral economic relations. The move is likely aimed at stabilizing Venezuela's economy and securing energy supplies, though details on fund allocation and oversight remain unclear.

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