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U.S. to Use Iranian Fuel Sale Proceeds to Aid Terror Victims
(AP-Washington Post) Eric Tucker - The U.S. government plans to use proceeds from the sale of fuel confiscated from Iranian tankers to benefit victims of state-sponsored terrorism, officials announced Thursday. The U.S. in August seized 1.1 million barrels of fuel from four Iranian tankers en route to Venezuela. The money "will now go to a far better use than either regime, Iran or Venezuela, could have envisioned because it will provide relief for victims of terrorism rather than the perpetrators of such acts," said Elliott Abrams, the State Department's special representative for Iran and Venezuela. The U.S. estimates it will recoup $40 million from the sale, said Michael Sherwin, acting U.S. attorney for the District of Columbia.