🚨🔥THIS IS BIGGER THAN YOU THINK🔥🚨
#Venezuela has the world's largest proven oil reserves: 303 billion barrels, worth $17.3 trillion at current prices.
#Trump just said the U.S. now owns it.
To put this in perspective: that's 4X Japan's entire GDP and one-fifth of global oil reserves.
Even with heavy discounts, the recoverable value is in the trillions—enough to meaningfully impact U.S. #debt servicing over time.
Oil futures, FX markets, and sovereign credit spreads will all react to this supply shift.
#Oil futures reopen Sunday night. The next few days will be interesting.