Chevron Dominates Venezuela Oil Exports; Dark Fleet Vanishes After Maduro Ouster

• Chevron is sending 11 ships to Venezuela, becoming the sole exporter of the country's oil after US forces ousted President Nicolas Maduro.
• This marks the highest number of Chevron-chartered vessels since October, with ships heading to Jose and Bajo Grande ports.
• Operating under a US Treasury license, Chevron is the only Western firm allowed to export crude amidst American sanctions.
• Venezuela's "dark fleet," involved in illicit oil trade, largely vanished or escaped after the US naval blockade and Maduro's capture.
• All oil loaded by Chevron is destined for US refineries, including Valero Energy Corp, Phillips 66, and Marathon Petroleum Corp.

Why It Matters: Chevron becomes Venezuela's sole oil exporter after US action, ending the "dark fleet" era.