Frozen Venezuelan oil revenues in U.S. Treasury accounts reach $13 billion since Maduro’s 2020 ouster, administration says.
The Trump administration has generated over $13 billion from sales of Venezuelan oil since January 2020, following the removal of President Nicolás Maduro. The funds, held in frozen U.S. Treasury accounts, were cited as a financial counterbalance to costs associated with the political transition in Venezuela.
A Financial Times report last week estimated the frozen revenues at roughly $13 billion, aligning with the administration’s claims. The funds remain inaccessible to Maduro’s government, reinforcing U.S. sanctions and economic pressure on Caracas.
No immediate market reaction was reported, though the disclosure underscores ongoing geopolitical leverage over Venezuela’s oil sector.