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Chevron’s continued presence in Venezuela looks like an anomaly amid intensifying US sanctions. In fact, the contradiction is rooted in selective enforcement to maintain leverage over Caracas, as well as decades of oil politics.
Despite the threat of war, U.S. oil giant Chevron continues to operate in Venezuela. NPR's Ayesha Rascoe asks energy security analyst Clayton Seigle about the company's role in the country.
Chevron is driving Venezuela's oil rebound while China is pulling back. As the fate of President Nicolas Maduro grows uncertain, Washington's renewed leverage is reshaping the country's economic and geopolitical future.
