Why did Chevron shares surge after Trump’s Venezuela comments?

Chevron shares rose as investors expect improved access to Venezuela’s vast oil reserves and reduced operational risk if US influence over Venezuelan oil increases.

How does Venezuela impact Chevron’s oil business?

Venezuela holds the world’s largest proven oil reserves, and Chevron has long-standing joint ventures there, making policy shifts highly significant for its future production.

Why did oil stocks rally alongside Chevron?

Oil stocks gained as geopolitical tension raised fears of supply disruption, pushing oil prices higher and improving profit outlooks for global energy producers.

Could US control of Venezuela affect oil prices in 2026?

Yes, stronger US involvement could tighten supply and support higher oil prices, especially for heavy crude needed by US refineries.

Is Chevron a good long-term stock amid geopolitical uncertainty?

Chevron is viewed as a stable energy stock with dividends and global assets, often favored by investors during periods of geopolitical and commodity market volatility.

Global Market Insights | Market News

Chevron and Oil Stocks Surge After Trump Signals US Control of Venezuela

ByRubaisha January 5, 2026January 5, 2026

The global energy market moved sharply higher after former US President Donald Trump signaled possible US control over Venezuela’s oil assets, sending a strong wave across oil stocks. Shares of Chevron and other major energy companies surged as investors reacted to the possibility of tighter control over one of the world’s largest crude reserves.