BTCC / BTCC Square / Global Cryptocurrency /
Trump Announces U.S. Takeover of Venezuelan Oil Assets, Sparks Market Speculation

Trump Announces U.S. Takeover of Venezuelan Oil Assets, Sparks Market Speculation

Published:
2026-01-04 21:10:02
20
1
BTCCSquare news:

President Donald TRUMP declared a seismic shift in global energy markets Saturday, announcing U.S. forces captured Venezuelan leader Nicolás Maduro and would seize control of the country's oil infrastructure. The move targets what Trump called "the largest hydrocarbon theft in history"—claiming Venezuela expropriated $17 trillion worth of U.S.-built oil assets.

American oil companies will immediately begin rebuilding Venezuela's crippled production capacity, with Trump confirming the U.S. will temporarily administer the country's 300 billion barrels of proven crude reserves. The existing oil embargo remains enforced, creating immediate supply chain uncertainties.

Gold markets face parallel disruption, with 161 metric tons of Venezuelan reserves now under U.S. control. This geopolitical earthquake arrives as cryptocurrency markets show renewed sensitivity to macroeconomic shocks, particularly in commodity-backed assets.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.