The US has enabled its companies to operate with PDVSA and seeks to reactivate the global oil market

The US has enabled its companies to operate with PDVSA and seeks to reactivate the global oil market
The United States authorized its companies to operate with PDVSA and seeks to reactivate the global oil market

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The US Treasury authorized transactions with the Venezuelan state oil company in a strategic move to increase the supply of crude oil, attract investment and stabilize prices in the midst of the global energy crisis.

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under US supervision.

This seeks to ensure that the funds are used for the economic reconstruction of the country and not to finance structures linked to the previous regime.

The measure takes place in the context of the political transition process in Venezuela after the fall of Nicolás Maduro and the recognition of new authorities.

Impact on the global oil market

The easing of sanctions could allow Venezuela to recover production levels close to those prior to the restrictions

.

Analysts estimate that this would help ease pressure on international oil prices.

In a context of war and supply disruptions, Venezuelan oil appears to be a key alternative for balancing the global market.

A geopolitical move by the United States

The decision also has a

strong strategic dimension.

By reactivating the Venezuelan energy sector, the United States seeks to:

  • reduce the influence of countries such as China and Russia in the region

  • ,
  • secure new sources of energy supply

  • ,
  • strengthen its position in the global market. The

measure consolidates a change in approach to a more pragmatic policy in

energy and geopolitics.

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,
  • increased crude oil production

  • ,
  • modernization of infrastructure

  • .

    Companies like Chevron have already begun to expand their operations in the country, while other multinationals are considering entering the market.

    Imagen 1382867

    A new scheme under US control

    The new model states that revenues generated by Venezuelan oil will be managed

    The U.S. government authorized its companies to transact with PDVSA, Venezuela's state oil company, through a general license issued by the Department of the Treasury.

    The measure represents a key change in Washington's energy policy, aimed at increasing the global supply of oil in a context of strong international tension.

    A decision marked by the global energy crisis

    The shift comes amid the impact of the war in the Middle East and the restrictions on the Strait of Hormuz, factors that pushed oil prices to levels above $100 per barrel

    .

    Faced with this scenario, the Donald Trump administration seeks to stabilize the global energy market by increasing supply.

    The authorization will allow U.S. companies to buy, transport and trade Venezuelan oil under certain conditions.

    Imagen 1382866

    How the new license works The general license

    issued by the Office of Foreign Assets Control (OFAC) enables multiple types of operations with PDVSA and its subsidiaries

    .

    Among them:

    • oil export and marketing

    • ,
    • transportation and refining of crude

    • oil,
    • commercial and financial agreements

    .

    However, transactions must comply with strict controls: payments will be channeled through accounts supervised by

    the U.S. Treasury.

    In addition, restrictions are maintained for operations with sanctioned countries such as Russia, Iran or China.

    Reactivating the Venezuelan oil industry

    The objective of the measure is to promote the recovery of the Venezuelan energy sector, which is seriously deteriorating after years of sanctions and mismanagement

    . The

    United States is betting that the opening will generate:

    • new international investment