Sanctioned tankers depart Venezuela with millions of barrels as Chevron resumes exports following Maduro capture

A dozen sanctioned tankers carrying 12 million barrels left Venezuela as Chevron resumed its exports. The movements follow the capture of Nicolas Maduro.

Insights:
About a dozen sanctioned oil tankers carrying an estimated 12 million barrels of Venezuelan heavy crude and fuel oil have departed Venezuela VEVEwaters since January 1, 2026. This movement occurred despite a blockade of all sanctioned tankers bound for the country imposed by the United States USUSin mid-December 2025. These departures follow the capture of Nicolas Maduro nicolas maduroby U.S. troops in the early hours of Saturday, January 4, 2026. While state-run operations remain under heavy restriction, the Chevron Corporation resumed its exports to the U.S. on Monday, January 6, after calling employees back from the holidays.
People enjoy the ocean near the Comoros-flagged oil tanker Evana, used to move oil between domestic ports in Venezuela, near El Palito terminal, in Puerto Cabello, Venezuela December 29, 2025. REUTERS/Juan Carlos Hernandez
People enjoy the ocean near the Comoros-flagged oil tanker Evana, used to move oil between domestic ports in Venezuela, near El Palito terminal, in Puerto Cabello, Venezuela December 29, 2025. REUTERS/Juan Carlos Hernandez
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