The Venezuelan oil crisis reached a particularly tense moment with Chevron’s return of oil shipments to Petróleos de Venezuela S.A. (PDVSA). This incident, which took place in April 2025, highlighted the existing tensions in Venezuela’s… Chevron’s Oil Shipment Return Highlights Venezuela’s Oil Crisis and PDVSA’s Financial Troubles

The Venezuelan oil crisis reached a critical point when Chevron returned shipments of oil to Petróleos de Venezuela S.A. (PDVSA) in April 2025. This event highlighted the existing tensions in Venezuela’s oil industry. The regime… Chevron’s Rejection of Venezuelan Oil Shipments Highlights the Complexities of Venezuela’s Oil Crisis and PDVSA’s Financial Troubles