US Sells $500M in Venezuelan Oil After Ousting Dictator Maduro

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US Sells $500M in Venezuelan Oil After Ousting Dictator Maduro

In the definitive economic move following the collapse of the Maduro regime, the United States has successfully brokered the sale of $500 million in Venezuelan crude oil. The transaction, confirmed Thursday by the Department of Energy, serves as the first tangible proof of Washington's total assumption of control over Venezuela’s vast energy infrastructure following the military ouster of dictator Nicolás Maduro earlier this month.

Ending the "Dictator Discount"

The most significant aspect of the deal is not just the volume, but the price. For years, the Maduro regime was forced to sell oil at steep discounts—often $15 to $30 below market value—to black-market buyers in order to evade international sanctions.

With the United States now acting as the custodian of these assets, those discounts have vanished. US Energy Secretary Chris Wright confirmed that the crude was sold at prices 30% higher than previous benchmarks achieved by PDVSA (the state oil company).

"We have effectively erased the 'risk discount' associated with Venezuelan energy," Wright told reporters. "The market now recognizes that this oil is being sold by a stable, transparent steward rather than a criminal enterprise. We are reclaiming value that was previously lost to corruption and shadow-fleet middlemen."

Strategic Asset Control

The $500 million sale represents a portion of the 30-to-50 million barrels of inventory that was sitting in storage when US forces launched the operation to capture Maduro. By seizing control of the export terminals, the US has redirected these flows away from illicit networks and back into the formal global market.

Administration officials noted that the revenue is being deposited into strictly controlled accounts. Unlike previous years, where oil profits funded the regime's paramilitary apparatus, these funds are earmarked for stabilizing Venezuela’s imploding economy and restoring its electrical grid.

The End of the Narco-State Era

The sale comes less than three weeks after the high-stakes US military strike that resulted in the capture of Nicolás Maduro and his wife, Cilia Flores. Both are currently in federal custody in New York facing narco-terrorism charges.

With the leadership decapitated, the US moved instantly to secure the oil fields, viewing them as the critical lever for the nation's reconstruction. This sale signals a massive shift in regional power: Washington has effectively turned off the tap for foreign adversaries who relied on cheap, sanctioned Venezuelan oil, asserting dominance over the hemisphere's energy security for the first time in two decades.