Representatives of the White House, the US State Department, state-run Venezuelan oil company PDVSA and Venezuela's oil ministry did not respond immediately to requests for comment. Graphic: Stacked area chart showing Venezuelan oil exports by destination from January to November 2025. Chevron resumes exportsSeparately, US oil major Chevron resumed exports of Venezuelan oil to the US on Monday after a four-day pause, shipping data showed. Chevron is the only company authorised by Washington to export Venezuelan crude, exempted from both the embargo and sanctions. No Chevron tankers had sailed since Jan 1, before the US strike on Venezuela, according to the ship monitoring data.

Source: The Edge Markets January 05, 2026 17:51 UTC