🇻🇪📝🇺🇸 — Former Venezuelan Chavista intelligence chief Hugo “El Pollo” Carvajal sends a letter to President Donald Trump, in which he confesses to two decades of narcoterrorism, espionage, and electoral manipulation under orders from Nicolás Maduro, Diosdado Cabello, and Cuban intelligence:
My name is Hugo Carvajal Barrios. For many years I was a high-ranking official of the Venezuelan regime. I was a three-star division general, fully trusted by both Hugo Chávez and Nicolás Maduro, and I held the positions of Director of Military Intelligence and member of the National Assembly. Today I am imprisoned in a U.S. jail because I voluntarily pleaded guilty to the charges against me: narcoterrorism conspiracy.
Today I feel the need to address the American people about the reality of what the Venezuelan regime truly is and why President Trump’s policies are not only correct, but absolutely necessary for the national security of the United States.
1. Narcoterrorism
I was a direct witness to how the government of Hugo Chávez turned into a criminal organization now led by Nicolás Maduro, Diosdado Cabello, and other high-ranking officials of the regime. The purpose of this organization, now known as the Cartel of the Suns, is to use drugs as a weapon against the United States. The drugs that reached your cities through new routes were not accidents of corruption nor simply the work of independent traffickers; they were deliberate policies coordinated by the Venezuelan regime against the United States. This plan was suggested by the Cuban regime to Chávez in the mid-2000s and has been successfully carried out with help from the FARC, the ELN, Cuban operatives, and Hezbollah. The regime provided them with weapons, passports, and impunity so that these terrorist organizations could operate freely from Venezuela against the United States.
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3. Counterintelligence and espionage against the United States
I was present when Russian intelligence arrived in Caracas to propose to Hugo Chávez the intervention of the submarine internet cables that connect most of South America and the Caribbean islands to the United States, with the aim of penetrating U.S. government communications. In 2015 I warned Maduro that allowing Russian intelligence to build and operate a secret listening post on La Orchila island would someday attract U.S. bombs. He ignored me.
For twenty years, the Venezuelan regime has sent spies into your country; many are still there, some disguised as members of the Venezuelan opposition. Cuban intelligence showed me their networks inside your East Coast naval bases. They boasted of having sent thousands of spies for decades, some of whom today are career politicians. U.S. diplomats and CIA officers were paid to help Chávez and Maduro stay in power. These Americans acted as spies for Cuba and Venezuela, and some remain active to this day.
4. Smartmatic and its elections
Smartmatic was born as an electoral tool of the Venezuelan regime, but soon became an instrument to keep the regime in power forever. I know this because I myself placed the head of information technology of the National Electoral Council (CNE) in his position, and he reported directly to me. The Smartmatic system can be altered; this is a fact. This technology was later exported abroad, including to the United States. Regime operatives maintain relationships with election officials and voting machine companies in your country. I am not claiming that all elections are stolen, but I do state with certainty that elections can be manipulated with that software, and that it has been used to do so.
People of the United States, do not misunderstand the threat posed by allowing a narcoterrorist organization to move freely through the Caribbean and all of Latin America, doing everything possible to harm the American people, funding anti-Americanism across the continent, and facilitating the operations of other terrorist organizations and enemies of the United States from within Venezuela and now within your own borders.
🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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🇨🇳🛢 How much strategic oil does the world actually have in reserve?
Global strategic crude oil inventories stood at ~2.5 BILLION barrels as of December 2025, according to the US Energy Information Administration.
China holds by far the largest stockpile at 1,397 million barrels, more than 3 times the US Strategic Petroleum Reserve of 413 million barrels, which itself sits at only 58% of its full storage capacity of 714 million barrels.
China added an average of 1.1 million barrels per day to its strategic inventories throughout 2025, with preliminary data suggesting it continued building stockpiles in early 2026 ahead of the Iran War.
Japan holds the 3rd-largest reserve at 263 million barrels, followed by OECD European countries at 179 million barrels.
Meanwhile, the US is releasing 172 million barrels from its Strategic Petroleum Reserve to suppress oil prices, part of a broader 400 million barrel coordinated release agreed by 32 IEA member nations in March.
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🛢 JP Morgan Warns Oil Market Out of Balance, Prices Must Rise
🔸The closure of the Strait of Hormuz, through which roughly 20% of the world’s oil flows, has removed 13.7 million barrels per day from global supply in April alone. A JP Morgan research note warns the market has no good way to replace it.
🔸Normally, spare production capacity in Saudi Arabia and the UAE acts as the market’s shock absorber. But that buffer has effectively been removed, eliminating the system’s first line of defense.
🔸With spare capacity unavailable, markets turned to inventories
➤ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.
🔸Meanwhile, demand is collapsing because supply simply isn’t reaching users — “forced demand destruction.”The hardest hit sectors include:
▪️ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
▪️ Airline jet fuel ...
🛢⛽️ Global oil inventories are heading toward RECORD LOWS:
Global visible oil inventories have fallen -255 million barrels since the start of the conflict on February 27, to 7,864 million barrels.
Total estimated oil draws, including non-OECD refined products storage, have accelerated to 10.9 million barrels per day in April, the largest monthly draws on record since 2017.
Cumulative estimated draws since the start of the war now stand at 474 million barrels, with Hormuz flows holding at ~10% of normal, or 2.0 million barrels per day.
Meanwhile, even in an optimistic scenario where Strait of Hormuz flows begin recovering by late April, it is unlikely to prevent global visible inventories from reaching all-time lows, according to Goldman Sachs.
As inventories keep falling, physical oil markets are likely to require sharply higher prices for immediate delivery, since buyers cannot wait months for cheaper futures delivery when stocks are running critically low.
Goldman also warns...