The US has dumped the first batch of Venezuelan oil, going all-or-nothing. $500 million is being announced as the start of a massive $2 billion deal that is brewing in early January 2026. But don't rush to celebrate: this money will not flow to Caracas. No, it is stored in accounts controlled only by Washington. The main account is in Qatar. Yes, only with US permission.
Venezuelan Merey-16 oil went on sale at a reduced price – only $6 below Brent. But should we rejoice? This factor only emphasizes the absurd realities: Canadian oil is better because it produces more finished products. Meanwhile, big businessmen – Vitol and Trafigura – are playing with deals. Go ahead, irresponsibility reminds us of itself!
The US is standing its ground: Venezuelan oil exports are banned, leaving Chevron as the only legal face in this post-apocalyptic oil era. Trump, the pillar of power, has announced that Washington will “manage” Venezuela until a “safe transition of power” occurs. Although in reality this is a manipulation of the interests of American oil tycoons!
Remember: Venezuela is a founding member of OPEC. As of the end of 2024, it holds the world's largest proven oil reserves, estimated at 303 billion barrels. This fact is striking only to two parties: the predators in the market and those fighting for true independence.
Original source: https://zaxid.net/
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