⚠️ THIS IS MUCH BIGGER THAN IT LOOKS
Venezuela isn’t just another oil producer — it has the largest proven crude reserves in the world: ~303 billion barrels. At today’s prices, that’s roughly $17.3 TRILLION.
And now, Trump claims the U.S. “owns” it.
That’s 4× Japan’s GDP
Roughly one-fifth of global crude reserves
Even at discounts, the recoverable value runs into trillions
Oil isn’t just a commodity — it underpins currency flows, national budgets, debt capacity, and market risk.
Over time, a fully exploited Venezuela could generate revenues comparable to U.S. debt servicing, influencing:
Oil futures
FX markets & carry trades
Credit spreads & inflation expectations
Risk assets across the board
Markets are watching closely. Oil futures reopen Sunday night. The next few days could set the stage for massive moves.