Secret Report Shows U.S. Collected Over $12 Billion From Venezuelan Oil Exports in 2026
A confidential KPMG report disclosed the United States collected and spent over $12 billion from Venezuela's oil and natural resource exports in the first ni...
POLICY WIRE — Washington, D.C., United States — A confidential KPMG analysis released this week indicates the U.S. government received and disbursed more than $12 billion from Venezuela’s natural resource exports during the first nine months of 2026.
The New York Times highlighted the finding, quoting the report: “The U.S. government received and disbursed more than $12 billion in revenue from Venezuela’s natural resource exports in the first nine months of this year,” the newspaper reported.
This financial snapshot marks the first comprehensive accounting since the U.S. military action that removed President Nicolás Maduro from power in January, offering a rare glimpse into how Washington channels income derived from Venezuelan oil and related commodities.
Critics note the opaque handling of the funds, suggesting the administration’s approach to Venezuela remains shrouded in secrecy and reflecting broader concerns about patrimonial governance practices.
Reporting by Policy-Wire (PW)