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President Donald Trump claimed that the U.S. has seized over $13 billion in oil revenues from Venezuela and is using it for “running the country” in remarks on Monday in which he threatened to do the same to Iran.

Late last week, the Financial Times estimated that the U.S. has put roughly $13 billion of Venezuela’s oil revenues into a reported U.S. Treasury account ever since the Trump administration’s likely illegal coup operation in Venezuela in January. The report pointed out that the administration has said very little about the money it’s seized thus far, outside of claiming that it is being spent on helping the government.

The report also said that there are very few indications that it’s being spent to boost the ailing economy in Venezuela, which also suffered two devastating earthquakes last month, “a potential sign that the US has not sent all the revenues back to Caracas.”

Answering a question from a reporter on Air Force One on Monday, Trump claimed that the U.S. has actually seized more than $13 billion, and was tight-lipped in answering where the funds have gone. He suggested, however, that some of the revenues have gone toward paying the U.S. back for the........

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