Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, the White House convened a group of energy giants to focus on a seemingly old-fashioned yet highly unpredictable topic—Venezuela's oil cooperation. On the surface, it’s about lowering oil prices and blocking drug crimes, but to truly understand the deeper logic behind this, we need to start with the numbers.
Venezuela claims to have the world's largest oil reserves, approximately 300 billion barrels. Coupled with abundant precious metal resources, the scale of this asset cannot be underestimated. For the United States, this is not only a release valve for energy inflation pressure but also seen by some analysts as a potential means to ease the $35 trillion national debt burden. Once these resources are effectively integrated and monetized, the economic effects could be beyond imagination.
This geopolitical shift will first impact the energy market. Expectations for international oil price fluctuations are adjusting, and uncertainties on the supply side may gradually ease. Interestingly, this signal is also subtly influencing another market—the cryptocurrency sector.
Why? Because under the backdrop of political isolation, Venezuela has long embraced digital currencies. Once the process of monetizing its resources begins, it’s quite possible that some value will flow into the market in the form of digital assets. What does this mean? Continuous on-chain capital inflows, rebuilding institutional confidence, and even new investment narratives. Behind this resource reallocation is a reshuffle of the global energy and financial order. The waves of this change have already spread to every trader’s screen.