Trump's Prediction: Venezuelan Oil Surge
Donald Trump recently announced that 'hundreds of millions' of barrels of oil are being exported from Venezuela. This statement aligns with data showing Venezuela's oil exports reaching approximately 1.2 million barrels per day, marking the highest level in years amid growing U.S. involvement in the country's energy sector.
Devdiscourse News Desk | Washington DC | Updated: 05-05-2026 02:01 IST | Created: 05-05-2026 02:01 IST
- Country:
- United States
On Monday, Donald Trump declared that 'hundreds of millions' of barrels of oil are being exported from Venezuela as the U.S. intensifies its engagement in the nation's energy arena.
Recent statistics reveal a surge in Venezuelan oil exports, averaging about 1.2 million barrels daily. This figure represents the highest export rate observed in recent years.
The announcement and data reflect a growing trend of increasing U.S. interest and involvement in Venezuela's oil sector, signaling potential shifts in the global energy landscape.
(With inputs from agencies.)
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