Venezuela oil sales top $1 billion, funds won't go to Qatar account anymore, Energy Secretary says [CNBC]
Exxon Mobil Corporation (XOM)
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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 top $1 billion. Venezuela's interim President Delcy Rodríguez and U.S. Energy Secretary Chris Wright speak with the media after attending a meeting, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it aims to help rebuild, in Caracas, Venezuela, Feb. 11, 2026. Leonardo Fernandez Viloria | Reuters 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
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