Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Showing Original Post only (View all)

BumRushDaShow

(165,729 posts)
Sat Jan 3, 2026, 09:39 AM Saturday

Venezuela's oil facilities unscathed in US strike, sources say [View all]

Source: Reuters

January 3, 2026 7:30 AM EST Updated 1 hour ago


Jan 3 (Reuters) - Venezuela's state-run oil production and refining were operating normally on Saturday and suffered no damage from a U.S. strike to extract the country's president, two sources with knowledge of the operations of energy company PDVSA said.

U.S. forces captured President Nicolas Maduro, U.S. President Donald Trump said, after months of pressuring him over accusations of drug-running and illegitimacy in power. The port of La Guaira near Caracas, one of the country's largest but one not used for oil exports, was reported to have suffered severe damage, one of the sources said.

Trump in December announced a blockade of oil tankers entering or leaving the country and the U.S. seized two cargoes of Venezuelan oil. That lowered the OPEC country's exports last month to about half of the 950,000 barrels per day (bpd) it shipped in November, according to monitoring data and internal documents.

The U.S. measures prompted many vessel owners to divert away from Venezuelan waters, which has rapidly increased PDVSA's inventories of crude and fuel. PDVSA has been forced to slow down deliveries at ports and store oil on tankers to avoid crude output or refining cut-backs.

Read more: https://www.reuters.com/business/energy/venezuelas-pdvsa-suffered-no-damage-us-attacks-sources-2026-01-03/

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Latest Breaking News»Venezuela's oil facilitie...