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Minas Tirith Reports

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EditumJan 1701/17/2026, 02:10 AM
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🇺🇸🇻🇪🇶🇦US Benefits from Discounted Venezuelan Oil Under Chevron License The U.S. Energy Secretary confirmed the rapid approval of an expanded license for Chevron to increase oil production in Venezuela. Chevron will now pay the Venezuelan government in cash, allowing the American company to directly market its entire production. This move signals a strategic shift in U.S. energy policy toward Venezuela. The U.S. is now securing better prices for Venezuelan crude, selling it at a discount of roughly $15 per barrel, bringing in about $45 per barrel. Revenues from these sales are being placed in U.S.-controlled accounts at Qatari banks due to sanctions and banking restrictions. Former President Trump has stated his intention to seize Venezuelan oil. Minas Tirith | 24/7 News channel | Updated