The Ring of Fire
@theringoffire·1.4M subscribers·27K videos
Trump Took Billions From Venezuela, Congress Is Demanding Answers
Posted
July 24, 2026
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July 24, 2026
21,983
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4:49Now PlayingThe United States is reportedly holding $13 billion in Venezuelan oil revenue under the phrase “custodial capacity,” which means the money is being held for its rightful owner, not treated like American profit. Trump has bragged that the U.S. is making money off Venezuelan oil, while the Department of Energy now says the funds will benefit both Americans and Venezuelans, even as Caracas faces catastrophic earthquake damage and recovery remains stalled. When Republican Rep. Maria Elvira Salazar is demanding transparency, the question gets very simple: where is Venezuela’s money, who controls it, and who is getting paid first? Ring of Fire's Josh G. explains.
The Daily Beast, Trump Hit With Demand for Answers Over Secret $13B Raked in From Venezuelan Oil Revenues,
Financial Times,
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