🚨 BIG Venezuela Oil Shift Ahead! 🛢️
Today’s Top 3 Viral Coins to Watch:
The United States is widely expected to approve an expanded license for Chevron this week, allowing the company to increase oil production and exports from Venezuela. This would ease years of strict restrictions and sharply raise supply coming out of the country. The new license could let Chevron ship more heavy crude to its own refineries and potentially sell to other buyers as well, marking a major change after sanctions limited activity for years.
Chevron is not the only player involved. U.S. refiners Marathon Petroleum and Valero Energy, along with global trading firms Mercuria and Glencore, are also in talks with the U.S. government to obtain similar permissions to purchase and move Venezuelan heavy crude. If approved, large volumes of Venezuelan oil could soon head to Gulf Coast refineries, increasing processing capacity and reshaping global oil flows.
This step is part of a broader effort by the Trump administration to bring Venezuelan oil back into global markets following political changes in Caracas and to strengthen energy ties. At the same time, it raises major questions around sanctions, pricing, refinery demand, and geopolitical influence, making it one of the most closely watched energy developments of 2026.
