President Trump Confirms Holding Billions from Venezuelan Oil Revenues
President Trump has confirmed that his administration has collected an estimated $13 billion from Venezuelan oil revenues. Despite repeated inquiries from reporters, Trump has not disclosed the specific allocation of these funds, only stating that they are used for 'running the country.' Speculation has arisen that some proceeds may be held in offshore accounts, adding to the mystery surrounding the funds. The Financial Times reported that the funds have not been returned to aid Venezuela's economy, which has been hit by natural disasters. Trump's comments suggest a similar approach could be taken with Iran, indicating a broader strategy of leveraging foreign assets.