U.S. Establishes Fund to Control All Venezuelan Oil Revenue
Market Intelligence Analysis
AI-PoweredThe US has established a fund to control all revenue from Venezuelan oil sales, with the money being held in US accounts and released at the discretion of President Trump.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
U.S. President Donald Trump supervises the release of funds from sales of Venezuela’s oil, an official at the U.S. Administration told Semafor on Thursday. Following the capture of Venezuelan leader Nicolas Maduro early this month, President Trump moved to create a fund to hold revenues from sales of Venezuela’s oil. The money is being held in U.S. accounts and released at the discretion of President Trump, Semafor reports. Revenues from sales of Venezuela’s oil “will first settle in US controlled…
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