This is absolutely insane!
#Venezuela currently has 303 billion barrels of crude oil reserves, which #Trump says the #US now controls.
#Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.
Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.
In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire #GDP of ALL countries in the world, aside from the US and #China.
That's 4 TIMES larger than the GDP of #Japan.
Most people do not realize how much the world just changed.
Oil markets will react to this news for the first time on Sunday at 6 PM ET.
#Maduro #Caracas #gold #Silver #bitcoin
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