VENEZUELA OIL exports to the U.S. rose 220% in year 2025, despite WAR THREATS

According to a recent report, even though the US and Trump are trying to surround Venezuela from all sides, Venezuela’s oil and natural exports are expected to increase 10X i.e. by almost 220% by 2025, which is an impossible thing. So, it is said that Venezuela has sold millions worth of oil and natural minerals to China through smuggler oil companies worth about $10 billion. So in all this, through Chevron’s License (OFAC General License 8/8A/8B/8C/8M series), Chevron is now buying oil from Venezuela without succumbing to the pressure of the US President because it has been told that buying oil from Venezuela is giving maximum benefit to Chevron but this was not legal. The main legal channel is Chevron’s limited authorization from the U.S. Treasury’s Office of Foreign Assets Control (OFAC). it will affect Trump’s dream of steal Venezuela’s $10 Trillion worth Natural Assets because Chevron working with Maduro, Putin, China and Iranian Oil companies to buy discountable oil and mineral dispite US Invastion threats on Caracus. US Chevron buying record-high of 220% discountable Venezuelan oil despite US war threat by rejecting US sanctions in Caribbean Sea.

Why did Trump fail to stop American, Arabian and European oil companies from buying Cheap discountable oil?

It has recently been reported that PdVSA, Chevron and foreign oil giants Kuwait Gulf Oil Co. (KGOC) and Saudi Aramco also supported Chevron because Kuwait, Saudi Arabia and Chevron are also together selling Venezuelan oil in the OPEC+ market due to which Venezuela’s dollar reserves have also skyrocketed. Chevron has formed joint ventures with national and international energy companies for exploration, production, refining, and marketing globally. So it has been told that EU, Brazil, Saudi Arabia, Kuwait, Indonesia, North Korea, Canada, Africa and South Asian countries are also now buying oil from Venezuela because it has been told that just like Trump had sold discounted oil from Russia to EU countries, similarly now European countries can also export oil to Asian countries through Chevron.

1. Legal Pathway: Chevron’s License (OFAC General License 8/8A/8B/8C/8M series)

• The main legal channel is Chevron’s limited authorization from the U.S. Treasury’s Office of Foreign Assets Control (OFAC).
• Current license (renewed and modified several times, latest version GL 8M as of Nov 2025) allows Chevron to:
  • Produce oil in its four joint ventures with PdVSA (Petróleos de Venezuela).
  • Export that oil exclusively to the United States.
  • Pay limited taxes/royalties to the Maduro government in kind (oil) instead of cash.
• Chevron is the only U.S. company currently allowed to import Venezuelan crude directly.
• Other companies (Eni, Repsol, Maurel & Prom, Reliance) have similar but more restrictive licenses; most of their barrels go to Europe or Asia, not the U.S.

2. Actual Volumes (2025)

• Chevron exports ≈200,000–250,000 bpd of merey-type heavy crude (mainly Boscan and PetroPiar blends) to its own refineries on the U.S. Gulf Coast (Pascagoula, Mississippi and El Segundo, California, plus some to Lake Charles for further processing).
• Total Venezuelan crude + products arriving in the U.S. in 2025 is roughly 220–280 kbpd (Chevron + very small volumes of fuel oil or coke under separate licenses).

3. Logistics and Shipping

• Oil is loaded at Jose Terminal (Anzoátegui state) or Amuay/Cardón in Falcón state.
• Tankers are usually Aframax or Suezmax class.
• Since Nov 2022 (when the license was first re-issued), most cargoes are carried on “clean” (non-sanctioned) tankers and declared openly; no more systematic dark-fleet or ship-to-ship transfers for the Chevron barrels heading to the U.S.
• AIS transponders are kept on; cargoes are tracked normally by Kpler, Vortexa, etc.

4. Other (Much Smaller) Channels

• Some Venezuelan petroleum coke and fuel oil arrives under separate OFAC general licenses (GL 3 series) for humanitarian or pre-existing contracts.
• A tiny amount of re-exports: Venezuelan crude processed in India or Spain sometimes ends up in the U.S. as products (naphtha, diesel), but this is marginal.

5. What Is NOT Happening Anymore (compared to pre-2019)

• CITGO (PdVSA-owned but operated independently under U.S. protection after the 2023–2025 court-ordered sale process) no longer imports crude directly from PdVSA.
• No broad commercial trade outside the licensed companies.
• No significant “dark fleet” deliveries to the U.S. (those go mostly to China).

Summary Table (average monthly 2025)