The New York Times reported on November 10 that the United States received $12 billion from Venezuela's oil, according to a report by Tyler Pager and Anatoly Kurmanaev. The Times report states the figure in its headline, and the Times summary describes the findings in one sentence.

According to that summary, the workings of a U.S.-controlled bank account shed light on how Washington manages Venezuelan revenue. The summary places this management after what it describes as "capturing the country's president," and it does not elaborate on that event or on who carried it out.

The summary also does not state the period covered by the $12 billion, the name of the bank, or the officials who oversee the account. Without those details, it offers a general description of how the account operates rather than a full accounting. The summary contains no direct quotations from officials or experts.

Because this story relies only on the headline and summary of the Times report, it does not include findings from the full article. This story does not attempt to verify the figure beyond what the report states. Readers seeking the complete account of how the revenue is handled should consult the original report.

Both the headline and the summary describe the $12 billion as tied to Venezuela's oil, and the summary describes the account as U.S.-controlled. No other source is cited for this story.

Sources: The New York Times: U.S. Received $12 Billion From Venezuela’s Oil, Report Shows.