U.S. Handled $12 Billion in Venezuelan Oil Revenues, Secret Report Shows

U.S. Handled $12 Billion in Venezuelan Oil Revenues, Secret Report Shows — Live Feedhttps://www.live-feeds.com/feed/u-s-handled-12-billion-in-venezuelan-oil-revenues-secret-report-showsContinuously updated, source-cited coverage. NYT reports U.S. received over $12 billion from Venezuelan oil exports per confidential KPMG reporthttps://www.live-feeds.com/feed/u-s-handled-12-billion-in-venezuelan-oil-revenues-secret-report-showshttps://www.live-feeds.com/feed/u-s-handled-12-billion-in-venezuelan-oil-revenues-secret-report-shows#u199431Fri, 13 Nov 2026 21:35:44 +0000The New York Times, citing a confidential KPMG report, says the U.S. government received more than $12 billion in revenue from Venezuela's natural resource exports in the first nine months of this year. Most of the funds were distributed back to Venezuela shortly after receipt, according to the report, though it remains unclear whether the money stayed in the country or who the ultimate recipients were. The document offers the most detailed portrait yet of how Venezuelan oil revenue moves through American financial channels.Why it mattersThe report surfaces amid ongoing U.S. sanctions pre