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Trump's Venezuela oil blockade puts Chevron in the middle of a high-stakes sanctions crackdown [Yahoo! Finance]
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As the last U.S. oil company left in Venezuela , Chevron is operating in the high-tension space between Washington's pressure campaign and the world's largest oil reserves. That campaign was on full display on Dec. 10, when U.S. authorities seized a nondescript tanker that had been quietly moving Venezuelan crude, just one ship in a shadow fleet that keeps sanctioned oil flowing. This week, Trump pushed the campaign to a new level, ordering a "total and complete blockade of all sanctioned oil tankers" bound for or departing Venezuela. ‘Ghost Ships' Ferrying Illicit Oil Have Sailed Into Trump's Crosshairs And while Chevron isn't the target of the blockade, the order still introduces fresh uncertainty for the company's operations in Venezuela's tightly controlled oil sector. Read On The Fox News App "In the case of Chevron, the U.S. government allows that oil to move, but it's certainly a very sensitive place to be," explained Vanda Felbab-Brown, senior fellow at the Strobe
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- US pursuing another tanker ship near Venezuela amid Trump blockade [CNN][CNN]
- US pursuing another tanker ship near Venezuela amid Trump blockade [CNN][CNN]
- US pursuing third oil tanker near Venezuela, reports say [USA TODAY][USA TODAY]
- U.S. seizes vessel off Venezuelan coast: Reuters [CNBC][CNBC]
- Chevron Steers Risky Path to Oil's Biggest Prize in Venezuela [Yahoo! Finance][Yahoo! Finance]
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