According to a KPMG report, funds from the sale of Venezuelan oil have been transferred to US-controlled accounts by September 2026. Although most of the funds were returned to the country, the final say on their use remains with the American side.
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Russian Foreign Ministry diplomat Alexey Drobinin outlined three options for interaction with European states, including alternative military blocs and non-aggression pacts.
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According to a confidential report by auditing firm KPMG, published by The New York Times, $12.26 billion was received in bank accounts under the jurisdiction of the US government between January and September 2026. These funds came from the sale of Venezuelan oil and other types of natural resources.
The publication notes that the vast majority of the funds received was returned to Venezuela. Specifically, a sum of $11.7 billion was used to stabilise and support the country's national currency.
Despite the return of a significant portion of the revenues to Venezuela, final decisions regarding the mechanics of the transfers remain with the US authorities. As The New York Times emphasises, it is Washington that determines the timing of operations and identifies the recipients of the financial funds. Thus, control over the distribution of these resources is effectively retained by the US.
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