Orlen Oil Deal: Horizon Global’s Take Disputed ($100M vs $135M)

1 min readPublished 16 Sep 2026Updated 16 Sep 2026, 08:15 UTC

AMBCrypto and Crypto Economy both cover Orlen’s failed Venezuelan oil deal and USDt payment trail, but give different figures for how much intermediary Horizon Global received from Hannon International.

What all sources agree on

Orlen Trading Switzerland paid Dubai-based intermediaries for Venezuelan crude that was never delivered.
Hannon International Middle East DMCC received approximately $230 million.
USB drives holding USDt were used to move funds as part of the payment chain.
A $135 million conversion step reportedly resulted in only $85 million being received, tied to a shortfall dispute.
Polish prosecutors indicted three former Orlen managers in August 2026.

Where the reports disagree

1How much Horizon Global received from Hannon

Whereas another intermediary, Horizon Global, received around $100 million.

AMBCrypto 2026-09-16 01:00

Hannon later sent $135 million to Horizon Global but said it received only $85 million in USDt, a claim Horizon disputes.

Crypto Economy 2026-09-16 01:53

What would settle it: Orlen Trading Switzerland’s internal transaction records or a court filing in the UAE dispute detailing the Hannon-Horizon transfer amounts.

What to make of it

Treat the broad outline of the failed Orlen-Venezuela oil deal and the $230 million Hannon received as established, but the precise sum Horizon Global received is unresolved between the two reports and should not be cited as a fixed figure until a primary transaction record surfaces.

Original source: AltcoinGordon

Syndicated coverage. Originally reported by altcoingordon.com.