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News | Commodity | Latin America

Trump says the US has sold more than $13 billion of Venezuelan oil

28 July 2026 | 3 months ago

US President Donald Trump said on Monday, 27 July 2026, that the United States has sold more than $13 billion of Venezuelan oil since taking control of that country's energy exports.

According to CNBC, the remarks followed the capture of Nicolas Maduro.

Venezuela holds one of the world's largest proven oil reserves, and the return of significant volumes of its crude to the global market can affect the supply balance, a matter of consequence for oil exporters including Iran.

Source:CNBCThe source text

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