February 4, 2026
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🚨Trump Seizes Control of Venezuela’s Oil

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President Trump has announced the U.S. will temporarily run Venezuela and its massive energy reserves.

The Strategy:

Infrastructure Blitz: U.S. oil majors (Exxon, Chevron) will spend billions to fix a system that PDVSA says hasn’t been updated in 50 years.

Global Flood :

Plan to sell large amounts of crude to crash energy prices and break Russia’s grip on the market.

The Hard Data :

303 Billion Barrels: Venezuela holds the world’s #1 proven oil reserves (surpassing Saudi Arabia’s 267B).

• Production Gap: Currently pumping ~1M barrels/day, down from a 3.5M peak.

• $100 Billion: Estimated cost to restore production to 4M barrels over the next decade.

Bottom Line: The U.S. now sits on 18% of global oil reserves shifting the geopolitical balance overnight.

 

 

 

 

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