A post by @WatcherGuru on X.

President Donald Trump said the US is taking billions of dollars worth of oil from Venezuela and expects that figure to reach hundreds of billions soon, according to a post from Watcher.Guru. The remark signals a sharpening US posture toward Venezuelan crude as Washington presses its case against Nicolas Maduro’s government. It matters because Venezuela holds the world’s largest proven oil reserves, so any shift in flows can move global crude benchmarks and heavy-sour differentials. Traders will watch for confirmation of volumes, the licensing terms governing US majors, and whether the “hundreds of billions” refers to cumulative revenue or deal value.