Airlines must pay U.S. for fuel bought in Venezuela

Airlines that purchase fuel in Venezuela will now be required to pay the United States for these supplies, according to a government statement. The administration of Delcy Rodríguez announced that the funds collected from these transactions will be placed in a "custodial account for Venezuela."

This new directive introduces a significant financial and logistical shift for airlines operating within the South American nation. Previously, fuel purchases were likely handled through local mechanisms or agreements. The requirement to remit payments to the U.S. suggests a complex interplay of international sanctions, financial regulations, or specific bilateral agreements.

The government's statement implies that these funds are intended to be held in reserve for Venezuela, though the exact purpose and management of this "custodial account" remain unspecified. The move could affect the operational costs for airlines and potentially influence flight schedules or services in and out of Venezuela.