Trump says US earned back Iran war costs through Venezuela oil

Middle East Eye · May 23, 2026 Sanctions

Trump says US earned back Iran war costs through Venezuela oil US President Donald Trump said revenues from Venezuelan oil had more than offset the cost of the US war on Iran, claiming the gains had paid for the conflict “about 25 times over”. Speaking during a public address, Trump pointed to US actions involving Venezuela as evidence that his administration’s policies had produced significant economic benefits. “How did we do in Venezuela?

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