On December 17, 2025, a White House official described the expropriation of the oil industry in Venezuela as the largest recorded theft of American wealth and property. The Deputy Chief of Staff for Policy stated that American labor and innovation were instrumental in the development of Venezuela"s oil sector.
The official further claimed that the expropriated assets were subsequently utilized to fund terrorism and contribute to the influx of violence, including the presence of killers, mercenaries, and drugs in the United States.
This statement comes amid ongoing discussions regarding U.S.-Venezuela relations and the implications of the country"s oil policies. For more on related coverage, see recent developments in political contexts.
