US to Use Iranian Fuel Sale Proceeds to Aid Victims of Terrorism

US to Use Iranian Fuel Sale Proceeds to Aid Victims of Terrorism
A worker of the Venezuelan state oil company PDVSA looks at the Iranian-flagged oil tanker Fortune as it docks at the El Palito refinery in Puerto Cabello in the northern state of Carabobo, Venezuela, on May 25, 2020. AFP via Getty Images
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The Trump administration plans to use proceeds from the sale of fuel confiscated from Iranian tankers to benefit victims of terrorism, officials announced Thursday.

The U.S. government in August seized 1.1 million barrels of fuel from four Iranian tankers that were en route to Venezuela. The fuel has since been sold, and officials say the proceeds will go to a special fund for victims of state-sponsored terrorism.