Markets•2 reports
48DOOM SCORE
Oil majors position for Venezuelan petroleum after reported US-Venezuela agreement
VenezuelaUnited StatesItaly
First seen: Sep 4, 2026, 6:16 AM UTCUpdated: Sep 4, 2026, 3:46 PM UTC
WHAT HAPPENED
Chevron, Eni and other major oil companies are reportedly positioning to share Venezuela's oil after an agreement involving Donald Trump and Delcy Rodríguez.
SO WHAT?
A shift in control or access to Venezuelan oil could affect sanctions, investment and regional energy flows.
FOR ME
Impact on Switzerland
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