U.S. Sold Over $13 Billion in Venezuela Oil This Year

President Donald Trump announced that the U.S. has sold more than $13 billion of Venezuelan oil in 2026. This follows the U.S. seizing control of Venezuela's oil exports after capturing former President Nicolas Maduro on January 3. Trump indicated that the sales could exceed this amount and highlighted that approximately 150 million barrels of oil have been sold since January. The financial implications of these sales are significant, prompting calls from Congress for more transparency about the revenue and its allocation. This highlights ongoing dynamics in the oil market that may influence investor sentiment.