📌 $ZEN | 📌 $FHE | 📌 $DASH The United States is set to grant Chevron an expanded oil license this week, allowing the company to significantly boost Venezuelan oil production and exports — a major shift after years of restrictions and geopolitical tension. �
Reuters
Under the proposed expanded license, Chevron — already the only major U.S. producer operating in Venezuela — could send more heavy crude to its own refineries and possibly to global buyers. �
Investing.com
📈 Supply Surge Ahead
Other U.S. firms including Marathon Petroleum and Valero Energy, along with global traders like Mercuria and Glencore, are also in talks with the U.S. government for similar permissions to buy and move Venezuelan heavy crude. �
This suggests a potential flood of Venezuelan oil into Gulf Coast refineries, helping processing capacity and reshaping global oil flows. �
Reuters
Reuters
🔋 Part of a Broader Push
This move is part of a broader push by the Trump administration to bring Venezuelan oil back into the market after political changes in Caracas and to strengthen energy ties with the Western Hemisphere. �
Reuters
💰 Economic Impact
The U.S. has also made its first Venezuelan oil sale valued at $500M, marking a significant post-sanctions shift in strategy. �
Meanwhile, major service companies like SLB (formerly Schlumberger) are poised to benefit from reconstruction and drilling contracts. �
TIME
Financial Times
📊 Production Reboot Signs
Venezuela has started reopening oil wells and reversing output cuts, signaling an early revival of crude supply under new U.S.-supervised export arrangements. �
Reuters
🔥 Why This Matters for Markets & Crypto:
• Global oil supply could rise, impacting energy prices and inflation expectations.
• Increased oil flows may reshape energy equities, commodity ETFs, and risk assets.
• Crypto markets often react to macro events — especially when volatility and capital rotation intensify.
Keep eyes on $ZEN, $FHE, $DASH as momentum builds around this geopolitical-energy catalyst! 🚀
