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Venezuela oil

Since the capture of Maduro, buyers of Venezuela's oil pay into an account the U.S. Treasury holds. Through September it took in $12.26 billion and paid out 98.7 percent of it to Venezuela's banks and vendors; two traders picked without a tender made 61 percent of the deposits, and August's deal gave the U.S. a 35 percent stake in North American Blue Energy Partners.

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  1. The U.S. took in $12 billion for Venezuela's oil. Nearly all of it went back to Venezuela.

    Through September, buyers paid $12.26 billion, nearly all of it for Venezuela's oil, into accounts the United States controls. A State Department report shows $12.11 billion went back out at the request of Venezuela's central bank, almost all of it as dollars sold through Venezuelan banks to businesses and people.

  2. The White House says 100-year rights to 17 Venezuelan oil fields. Caracas says 25 years, renewable.

    Eight months after U.S. forces captured Maduro, the White House announced majority control of 65 billion barrels through a private operator. The instruments are a 35 percent stake, later called warrants, and a 20 percent purchase right. No contract has been published.

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