New York Times: US made over $12 billion in oil from Venezuela in nine months

In the nine months of 2026, the United States received more than $12 billion in revenue from natural resources and oil exports from Venezuela. It's from sb.by.

The New York Times, citing a report by the international audit company KPMG, indicated that the US Treasury had previously created a special account to manage funds that come from Venezuela. Initially, the account was in Qatar, but at the end of January 2026 it was transferred to Citibank in New York.

According to the document, from January 3 to the end of September, this account received $ 12.26 billion. Most of the funds were returned to Venezuela shortly after receipt, the newspaper said. According to KPMG, $11.7 billion was returned to Venezuela to support the national currency, and about $130 million was used to pay off foreign debt.

At the same time, the share of international traders Trafigura and Vitol, which received exclusive rights to sell Venezuelan raw materials, together accounted for about 61% of all funds deposited in the account by the end of September. The US helped the billionaire to get the rights to oil in Venezuela in exchange for a discount

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