JUST IN: 🇺🇸🇻🇪 President Trump announced that the United States will immediately begin refining and selling up to 50 million barrels of Venezuelan oil.

At current market prices, those 50 million barrels are valued at approximately $2.95 billion, making this one of the most significant recent developments in the global energy market.

The move could increase global oil supply, potentially putting downward pressure on oil prices, while also strengthening U.S. control over energy flows in the region. Such shifts often impact inflation expectations, the U.S. dollar, and overall market sentiment.

From a crypto perspective, major geopolitical and macroeconomic changes like this can influence Bitcoin ($BTC ). If increased oil supply eases inflation, risk assets may cool. However, uncertainty around geopolitics, monetary policy, and global stability can also drive interest toward Bitcoin as an alternative asset.

$BTC — Do you think this development is bullish or bearish for Bitcoin?