Fact-check · Oct 6, 2026 · Donald Trump
“We're taking out billions and billions of dollars of oil”
TRUE
What the record shows
U.S. has collected approximately $13 billion from Venezuelan oil sales since January 2026 military intervention, per Financial Times analysis and State Department testimony.
Claim is directionally correct but vague. 'Billions and billions' suggests ongoing extraction; actual figure is ~$13 billion total since January 2026.
Sources
From: President Trump Delivers Remarks, Oct. 6, 2026
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