THIS IS FAR BIGGER THAN MOST PEOPLE REALIZE
Venezuela doesn’t just have a lot of oil…
It has the largest proven crude oil reserves on Earth — roughly 303 billion barrels.
At current prices, that’s $17.3 TRILLION.
And Trump just claimed the U.S. now owns it.
Let that sink in.
At today’s crude prices, this represents a multi-trillion-dollar energy stockpile that dwarfs the GDP of most nations.
That’s 4× Japan’s GDP.
Oil isn’t just a commodity — it’s a sovereign asset tied directly to currency flows, national budgets, and fiscal power.
With ~303B barrels, Venezuela controls nearly one-fifth of global proven crude reserves — a true energy superpower on paper.
Even after discounts, sanctions, and extraction realities, recoverable value still runs into the trillions.
For scale:
U.S. federal debt is measured in the tens of trillions.
A fully exploited Venezuelan oil sector could, over years, generate revenue flows comparable to a meaningful share of U.S. debt servicing — not overnight, but steadily through exports and long-term contracts.
Markets don’t ignore supply shifts like this.
Oil futures, FX, carry trades, sovereign credit spreads, inflation expectations — everything reacts when energy narratives change.
This won’t stay theoretical for long.
⏰ Oil futures reopen Sunday night.
The next few days could move markets fast.
#write2earn
#Macro
#Markets
#OilGeopolitics