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Chevron Unloads Venezuelan Crude at U.S. Ports as Enforcement Tightens

Chevron's licensed Venezuelan crude deliveries continue amid U.S. enforcement that has stranded $900 million in unauthorized cargoes offshore, limiting alternative heavy sour crude supplies.

Summary by Oil Price
Chevron has unloaded Venezuelan crude oil at U.S. ports under its existing Treasury licence, according to a Bloomberg report on Monday, even as U.S. enforcement actions disrupt other Venezuelan export routes and tighten pressure on unauthorised shipments. Bloomberg did not disclose the number of cargoes involved or the timing of the deliveries. The arrivals come as Washington steps up interdictions targeting Venezuelan oil flows outside approved…

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Oil Price broke the news in London, United Kingdom on Monday, December 29, 2025.
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