U.S. Tanker Seizure Has Paralyzed Venezuela’s Oil Business—Except Chevron’s | Hindustan Times
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Wed, Dec 17, 2025
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A Chevron-chartered oil tanker in Venezuela.

U.S. Tanker Seizure Has Paralyzed Venezuela’s Oil Business—Except Chevron’s

Chevron remains a key player in Venezuelan oil exports despite U.S. sanctions tightening following the seizure of a sanctioned tanker. The company continues operations unimpeded, sending crude to the U.S. amid fears of further U.S. action disrupting Venezuelan oil traffic, which is crucial for Maduro's regime. Historically, Chevron has maintained a presence in Venezuela for over a century.

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