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Costs of War: U.S. operations in Venezuela, the Caribbean and the Eastern Pacific
Published by Costs of War, Brown University on April 23, 2026.
An independent, partial estimate of U.S. spending on the operations
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… <!-- End Google Tag Manager --> <meta charset="utf-8" /> <meta name="description" content="Hanna Homestead (Research Analyst with the National Priorities Project) and Jennifer Kavanagh (Senior Fellow & Director of Military Analysis at Defense Priorities) found that spending on Operation Southern Spear and Operation Absolute Resolve in Venezuela, the Caribbean, and the Eastern Pacific cost at least $4.7 billion from August 1, 2025-March 31, 2026. Costs will continue to mount as some naval assets and aircraft remain in the region and strikes continue. This estimate is only partial due to lack of information, and does not include long-term budgetary costs such as veterans benefits." /> <link rel="canonical" href="https://costsofwar.watson.brown.edu/paper/boatstrikes_venezuela" /> <meta property="og:site_name" content="Costs of War | Brown University" /> …
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- The U.S. took in $12 billion for Venezuela's oil. Nearly all of it went back to Venezuela. · cited for A partial figure for the cost of the operations
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