Chevron Ships Venezuelan Oil Amid US Pressure
Update: 2025-12-18
Description
Chevron Corporation defies U.S. sanctions, shipping one million barrels of Venezuelan crude oil amidst escalating tensions. Despite President Trumps accusations of Venezuela funding drug trafficking and terrorism, Chevrons special license allows it to export oil, filling two tankers. The U.S. naval blockade and recent seizure of the Skipper supertanker have led to a surge in ships avoiding Venezuelan ports, potentially causing a halt in oil production due to full storage tanks and port-based tankers.
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