Chevron has started to refine Venezuelan oil again in the USA, but fuel prices remain affected by global tensions. The amount imported could increase significantly.

Chevron has resumed oil imports from Venezuela, with a recent shipment of 400,000 barrels arriving in Mississippi. This move provides a boost to the U.S. refining market, but the impact on fuel prices is limited by global market volatility. In the past, Venezuelan oil exports have been affected by sanctions and declining investments, but the situation has changed following the capture of Nicolas Maduro by the U.S. military. In March, Venezuela exported over a million barrels per day for the first time since September. Chevron, the only major American company operating in Venezuela, benefits from refineries adapted for heavy crudes, such as the Venezuelan one. Although imports may increase, pump prices continue to rise due to external influences. Consumers in Mississippi are facing high prices, and experts suggest that the benefits of imports from Venezuela will be visible in the long term, once conditions in the global market stabilize.