US Oil Sales Hit 13 Billion Following Venezuela Operation

The United States has generated 13 billion dollars from the sale of Venezuelan oil since the administration took control of the assets in December 2025. President Donald Trump confirmed the figures, noting that the proceeds cover the costs associated with the military operation that led to the regime change. Energy Secretary Chris Wright reported that over 150 million barrels have been sold to date.

To move this supply quickly, the US offered the oil at a 15 dollar discount per barrel below global market rates. This strategy attracted significant buyer interest during a period of global market uncertainty. As oil prices climbed above 100 dollars per barrel due to regional conflicts, these assets became a primary revenue stream for the administration.

Production in Venezuela has seen a sharp increase under the current management. Output jumped from 820,000 barrels per day in early 2026 to 1.23 million barrels per day by June. Exports have now reached their highest levels since 2019, reflecting a major shift in how the US handles seized resources in global markets.