{"id":114395,"date":"2025-12-20T05:00:59","date_gmt":"2025-12-20T10:00:59","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-venezuela-oil-blockade-puts-chevron-in-the-middle-of-a-high-stakes-sanctions-crackdown-114395"},"modified":"2025-12-20T05:00:59","modified_gmt":"2025-12-20T10:00:59","slug":"trumps-venezuela-oil-blockade-puts-chevron-in-the-middle-of-a-high-stakes-sanctions-crackdown","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-venezuela-oil-blockade-puts-chevron-in-the-middle-of-a-high-stakes-sanctions-crackdown-114395","title":{"rendered":"Trump\u2019s Venezuela oil blockade puts Chevron in the middle of a high-stakes sanctions crackdown"},"content":{"rendered":"<div>\n<p>The Trump administration&#8217;s escalating crackdown on Venezuela&#8217;s sanctioned oil shipments has thrust Chevron into an unusually precarious position.<\/p>\n<p>As the last U.S. oil company left in <a href=\"https:\/\/www.foxnews.com\/category\/topic\/venezuelan-political-crisis\" target=\"_blank\" rel=\"noopener\">Venezuela<\/a>, Chevron is operating in the high-tension space between Washington\u2019s pressure campaign and the world\u2019s largest oil reserves.<\/p>\n<p>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.\u00a0<\/p>\n<p>This week, Trump pushed the campaign to a new level, ordering a &#8220;total and complete blockade of all sanctioned oil tankers&#8221; bound for or departing Venezuela.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/ghost-ships-moving-illicit-oil-has-entered-trumps-crosshairs-escalating-quiet-war-sea\" target=\"_blank\" rel=\"noopener\"><strong><u>\u2018GHOST SHIPS\u2019 FERRYING ILLICIT OIL HAVE SAILED INTO TRUMP\u2019S CROSSHAIRS<\/u><\/strong><\/a>\u00a0<\/p>\n<p>And while Chevron isn\u2019t the target of the blockade, the order still introduces fresh uncertainty for the company&#8217;s operations in Venezuela\u2019s tightly controlled oil sector.<\/p>\n<p>&#8220;In the case of Chevron, the U.S. government allows that oil to move, but it&#8217;s certainly a very sensitive place to be,&#8221; explained Vanda Felbab-Brown, senior fellow at the Strobe Talbott Center for Security, Strategy and Technology at Brookings.<\/p>\n<p>But Chevron\u2019s position is only one part of the equation. Felbab-Brown noted that the administration faces significant limits in how aggressively it can enforce a tanker blockade.<\/p>\n<p>&#8220;This is a major undertaking. The U.S. has the assets and the political willingness to do this to some extent in Venezuela,&#8221; she said, adding that &#8220;it would be very resource-consuming for the U.S. to seize every ship or locate them.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/worlds-biggest-oil-reserve-holder-faces-us-chokehold-trump-targets-venezuelas-shadow-tanker-fleet\" target=\"_blank\" rel=\"noopener\"><strong>VENEZUELA HOLDS THE WORLD\u2019S LARGEST OIL RESERVES. HERE\u2019S HOW OTHERS COMPARE<\/strong><\/a><\/p>\n<p>Chevron, for its part, said its operations have not been affected by the latest escalation.<\/p>\n<p>&#8220;Chevron&#8217;s operations in Venezuela continue without disruption and in full compliance with laws and regulations applicable to its business, as well as the sanctions frameworks provided for by the U.S. government,&#8221; Bill Turenne, Chevron&#8217;s Head of Public Policy Communications, wrote in a statement to Fox News Digital.<\/p>\n<p>Chevron offered no assessment of the broader security environment, saying only: &#8220;Any questions about the security situation in Venezuela should be directed to the appropriate authorities in the U.S. government.&#8221;<\/p>\n<p>The U.S. <a href=\"https:\/\/www.foxnews.com\/category\/energy\" target=\"_blank\" rel=\"noopener\">energy<\/a> titan has operated in Venezuela for a century and is the only American company to remain after the government forced Western firms into minority partnerships with the state oil company, Petr\u00f3leos de Venezuela, SA (PDVSA).<\/p>\n<p>For the Maduro government, disruptions to oil shipments strike at the heart of its economic survival.<\/p>\n<p>&#8220;Venezuela is wholly dependent on oil,&#8221; explained Benjamin Jensen, who heads the Futures Lab at the Center for Strategic and International Studies. &#8220;Anything you do that puts pressure on their ability to bypass sanctions and trade in oil is a direct threat to the economy and by extension the regime,&#8221; he added.<\/p>\n<p>Diana Furchtgott-Roth, director of the Center for Energy, Climate and Environment at The Heritage Foundation, framed the blockade as a warning beyond Venezuela.<\/p>\n<p>&#8220;President Trump is sending the message that this attempt to escape <a href=\"https:\/\/www.foxnews.com\/category\/politics\/finance\/sanctions\" target=\"_blank\" rel=\"noopener\"><u>sanctions<\/u><\/a> and use the oil of rogue regimes will no longer stand,&#8221; she said.<\/p>\n<p>&#8220;I don\u2019t know how many ships it is going to take to be seized before that message gets through,&#8221; she added.<\/p>\n<p>How aggressively the administration enforces the blockade and how effectively Venezuela adapts will determine whether the latest move delivers a decisive economic blow or becomes another costly game of sanctions cat and mouse.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trumps-venezuela-oil-blockade-puts-chevron-middle-high-stakes-sanctions-crackdown\">Source &#8211; https:\/\/www.foxnews.com\/politics\/trumps-venezuela-oil-blockade-puts-chevron-middle-high-stakes-sanctions-crackdown <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trump administration&#8217;s escalating crackdown on Venezuela&#8217;s sanctioned oil shipments has thrust Chevron into an unusually precarious position. As the last U.S. oil company left [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-114395","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump\u2019s Venezuela oil blockade puts Chevron in the middle of a high-stakes sanctions crackdown - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-venezuela-oil-blockade-puts-chevron-in-the-middle-of-a-high-stakes-sanctions-crackdown-114395\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s Venezuela oil blockade puts Chevron in the middle of a high-stakes sanctions crackdown - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"The Trump administration&#8217;s escalating crackdown on Venezuela&#8217;s sanctioned oil shipments has thrust Chevron into an unusually precarious position. 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