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US Holds $13bn Venezuelan Oil Money – Where Is It?

Financial Times Markets •
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Washington has announced it has collected more than $13bn in revenue from Venezuelan oil sales this year, but officials have given mixed explanations about creo de donde. The Treasury says the funds have been placed in a U.S.-controlled account, while the State Department hints they are earmarked for humanitarian aid, and the Treasury’s spokesperson has been vague. The uncertainty comes as the U.S. considers a fresh tariff wave, with President Donald Trump reportedly planning a 10 % levy on dozens of countries.

In other market news, Samsung is in talks to invest in the French AI start‑up Mistral, which is valued at about €20bn, and investors are uneasy about betting heavily on Japanese bonds, fearing a “widow‑maker trade” if the market moves. The combination of Venezuela’s oil proceeds, potential new tariffs, and tech‑sector deals illustrates how geopolitical and economic shifts continue to intersect on the global stage.