@HeavenlyPossum@kolektiva.social
Post #4307923
2026-08-01 07:32 UTC
It’s easy to forget, but back in January, the US invaded Venezuela, murdered some people, kidnapped the Venezuelan president, and declared that it was now “running” the country.
Although the US has never clarified what that means, it apparently includes collecting all the revenues from the sale of Venezuelan oil. For a while, that money was being directed to an account in Qatar, of all shady places, but is now collected in an account at the US Treasury.
Some of this money has allegedly been dispersed to the Venezuelan government, but no one will publicly say how much. It doesn’t seem like anyone except Donald Trump and his Secretary of State / consiglieri, Marco Rubio, has any oversight of this money.
https://www.cfr.org/articles/the-u-s-took-over-venezuelas-oil-industry-where-has-all-the-money-gone
Replies (3)
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@HeavenlyPossum@kolektiva.social 2026-08-01 07:36
The Financial Times attempted to estimate the dollar value of those oil sales, since there is no public accounting by the US, and came up with a figure of $13 billion. Given how poorly the Venezuelan economy was performing even before the devastating earthquakes, it’s likely that the US has dispersed only a fraction of the money it has collected back to the Venezuelan regime. https://archive.is/0BUoO
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@fenex33@mastodon.social 2026-08-01 09:02
@HeavenlyPossum@kolektiva.social Meet the new boss... Same as the old boss..
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@ml@social.mitexleo.one 2026-08-01 09:13
@HeavenlyPossum@kolektiva.social Colonialism