Venezuela's Petroleum Revenue Management

The Democrats in the US want to know how Venezuela's petroleum revenue is being managed. The Trump administration had announced that $13 billion in petroleum revenue had been collected from Venezuela. However, the fate of this money is uncertain. The Democrats have sent letters to the Treasury, Energy, and State Departments seeking clarification.

Venezuela's petroleum exports and production have increased by 46% and 27%, respectively, since January. However, the US Treasury has not provided information on how much of the collected revenue is being managed. The US administration claims that Venezuela's petroleum revenue is being managed for the benefit of the Venezuelan people. However, the Democrats are seeking more transparency.