– Valero Energy’s 2.46% drop on August 6, 2025, linked to Chevron’s potential resumption of Venezuelan crude supplies under U.S. restrictions.
– Chevron’s restricted license allows limited oil exchanges, avoiding revenue to Maduro’s regime, with small initial shipments expected.
– The deal could boost Valero’s discounted crude access but exposes it to geopolitical risks amid sanctions and Venezuela’s instability.