The U.S. Controls $13 Billion in Venezuelan Oil Money. Where Did It Go?
—→July Flash Sale:🔓 Unlock the full story. > For a limited time, you can tear down the paywall for 40% off —Just $6/month. . Get unfiltered, deep-dive political analysis from the sharpest strategists in the game when you upgrade now for just 16 cents per day! The U.S. Controls $13 Billion in Venezuelan Oil Money. Where Did It Go? Following the invasion, we don't know how much money reached Venezuela, where it was spent or how much remains. The Intellectualist Aug 2 ∙ Preview ∙ Guest post Brian Daitzman is the Editor of The Intellectualist. Subscribe to his Substack. The Financial Times estimates that Venezuelan oil sales have generated more than $13 billion in revenue this year. The Energy Department has separately said that proceeds from those sales first settle in accounts controlled by the United States. But the White House and Energy Department records reviewed for this article, together with a State Department response reported by the Financial Times , do not pr...