Venezuela and U.S. Hold Talks to Resume Venezuelan Crude Exports to Gulf Coast Refineries Amid Sanctions Reversal and Maduro Capture
Venezuela and United States officials are reportedly in discussions to resume the export of Venezuelan crude to U.S. refineries, particularly along the Gulf Coast, which have historically processed the country’s heavy crude. The talks come after years of sanctions restricted Venezuelan oil access to the U.S. market, imposed during the Trump administration.
The renewed engagement follows a controversial U.S. military operation in early January 2026 that resulted in the capture of Venezuelan President Nicolás Maduro and his wife. The U.S. cited drug trafficking and narco-terrorism allegations against Maduro, while he described his capture as a “kidnapping” and denied wrongdoing.
The potential resumption of exports is seen as part of broader U.S. efforts to reassert control over Venezuela’s oil industry. No formal agreement has been reached yet, and discussions are ongoing. Historically, U.S. sanctions and geopolitical tensions sharply curtailed Venezuela’s oil production and revenues, forcing the country to redirect shipments elsewhere.
Venezuela and United States officials are reportedly in discussions to resume the export of Venezuelan crude to U.S. refineries, particularly along the Gulf Coast, which have historically processed the country’s heavy crude. The talks come after years of sanctions restricted Venezuelan oil access to the U.S. market, imposed during the Trump administration.
The renewed engagement follows a controversial U.S. military operation in early January 2026 that resulted in the capture of Venezuelan President Nicolás Maduro and his wife. The U.S. cited drug trafficking and narco-terrorism allegations against Maduro, while he described his capture as a “kidnapping” and denied wrongdoing.
The potential resumption of exports is seen as part of broader U.S. efforts to reassert control over Venezuela’s oil industry. No formal agreement has been reached yet, and discussions are ongoing. Historically, U.S. sanctions and geopolitical tensions sharply curtailed Venezuela’s oil production and revenues, forcing the country to redirect shipments elsewhere.
Venezuela and U.S. Hold Talks to Resume Venezuelan Crude Exports to Gulf Coast Refineries Amid Sanctions Reversal and Maduro Capture
Venezuela and United States officials are reportedly in discussions to resume the export of Venezuelan crude to U.S. refineries, particularly along the Gulf Coast, which have historically processed the country’s heavy crude. The talks come after years of sanctions restricted Venezuelan oil access to the U.S. market, imposed during the Trump administration.
The renewed engagement follows a controversial U.S. military operation in early January 2026 that resulted in the capture of Venezuelan President Nicolás Maduro and his wife. The U.S. cited drug trafficking and narco-terrorism allegations against Maduro, while he described his capture as a “kidnapping” and denied wrongdoing.
The potential resumption of exports is seen as part of broader U.S. efforts to reassert control over Venezuela’s oil industry. No formal agreement has been reached yet, and discussions are ongoing. Historically, U.S. sanctions and geopolitical tensions sharply curtailed Venezuela’s oil production and revenues, forcing the country to redirect shipments elsewhere.
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