🛢️ U.S.–Venezuela Oil Tensions Are Back in Focus

Venezuela’s oil sector is once again drawing global attention as U.S. sanctions, licensing restrictions, and geopolitical pressure continue to shape the country’s energy outlook.

The United States has not announced any change in sovereignty or direct control, but it maintains significant influence through:

Sanctions targeting oil exports and shipping activity

Licensing frameworks that limit foreign participation

Tight monitoring of revenue-linked oil flows

📌 Current landscape

Chevron remains the only major U.S. oil company operating in Venezuela under a restricted license

Production remains well below historical capacity

Legal and political uncertainty continues to deter large-scale investment

🔍 Why it matters

Venezuela holds one of the world’s largest proven oil reserves. Any shift in U.S. policy — whether easing or tightening — could have implications for energy markets, geopolitics, and global supply dynamics.

For now, uncertainty remains the dominant theme.

#EnergyMarkets #Geopolitics #Oil #Macro