US releases report on $12bn from Venezuelan oil, mineral resources

What happened: The US State Department released a 53-page report on what it did with more than $12bn in revenue from Venezuelan oil and mineral resources, nearly a year after US forces captured Nicolas Maduro in Caracas. Key numbers: More than $12.26bn taken in between January 3, Why it matters: The disclosure is described as an effort to promote transparency and accountability in managing the funds. Venezuelan rights activists have expressed concern that Washington may give outsized importance to oil revenues and take little interest in backing democratic reforms after Maduro's removal.

The US State Department released a 53-page report on what it did with more than $12bn in revenue from Venezuelan oil and mineral resources, nearly a year after US forces captured Nicolas Maduro in Caracas.

The disclosure is described as an effort to promote transparency and accountability in managing the funds. Venezuelan rights activists have expressed concern that Washington may give outsized importance to oil revenues and take little interest in backing democratic reforms after Maduro's removal.