Key Points
The Trump administration deposited the initial $500 million of Venezuela oil sales in a U.S.-controlled account in Qatar.
A U.S. Treasury Department account has been set up and the funds won’t go to Qatar anymore, Energy Secretary Chris Wright told NBC News.
Wright told NBC News that revenue from Venezuelan oil sales now tops $1 billion.
Venezuela oil revenue will no longer be deposited in an account in Qatar, Energy Secretary Chris Wright told NBC News in an interview this week.
An account was set up in Qatar, controlled by the U.S. government the whole time, to land that money in and then send the money from there down to Venezuela,” Wright told NBC News on Thursday.
“Now we have an account at the U.S. Treasury. The money won’t go to Qatar anymore,” the energy secretary said.
https://www.cnbc.com/2026/02/13/venezuela-oil-sales-qatar-chris-wright-trump.html