Venezuela’s Oil: Big Numbers — Bigger Questions ⚡
Watch these trending coins: $CVX | $EVAA | $MYX
Venezuela sits on about 303 billion barrels of crude, the world’s largest proven reserves. On paper, that’s worth trillions — but turning those reserves into real production is complex and costly.
Recent changes in U.S. policy and licensing have increased Washington’s influence over how some Venezuelan oil reaches global markets — not ownership or full control, but meaningful leverage.Bottom line:
This isn’t the U.S. “owning” Venezuela’s oil. It’s a developing situation where policy, sanctions, and partnerships may affect how much Venezuelan crude reaches the world — and how markets react.
