US-Held Venezuela Oil Sales Fund Paid Out $12.1 Billion

The US State Department reported that Venezuela's US-controlled custody account disbursed $12.1 billion between January and September, with proceeds from crude oil sales making up nearly all of the funds. The account holds oil revenues from Venezuelan crude sold under US sanctions oversight. No details were provided on the destination of the disbursed funds.

• Bloomberg — US-Held Venezuela Oil Sales Fund Paid Out $12.1 Billion

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