US to earn over $13bn from Venezuelan oil sales in 2026
This digest was compiled by AI from multiple sources — links to the originals are below.
The US administration is projected to earn over $13 billion from Venezuelan oil sales in 2026, according to the Financial Times. The revenue stems from exports controlled by Washington after President Nicolás Maduro was ousted. The figure includes $11.5 billion from shipments since January, with price models suggesting a total exceeding $13 billion.
Revenue Projection
The US Treasury is expected to collect over $13 billion from Venezuelan oil sales in 2026, as reported by the Financial Times. This includes $11.5 billion from crude shipments since January, with historical price models pushing the total higher. The revenue is generated under US control of Venezuelan oil exports following the capture of President Nicolás Maduro and the installation of Vice President Delcy Rodríguez as acting leader.
Sanctions Framework
In March, the US Treasury authorized transactions involving Venezuela's state oil company PdVSA for crude supplies to the US market. The license permits all operations previously banned under Venezuela sanctions regulations. This framework enables continued oil flows while maintaining US oversight of export revenues.
What's Next
The US Treasury is set to release updated revenue figures for the first half of 2026 in August. It remains unclear whether the authorization for PdVSA transactions will be extended beyond its current term or if political shifts in Venezuela could alter the revenue trajectory.
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US to earn over $13bn from Venezuelan oil sales in 2026
