Chevron Corp. is flying employees from Caracas to its oil production sites in Venezuela despite a US warning to operators that air travel in the region may be unsafe due to military satellite interference.

Chevron cut the price of Venezuelan crude after U.S. forces seized a tanker carrying sanctioned oil, adding pressure to an already weak Gulf Coast market.

Chevron has lowered the price of Venezuelan crude offered to US refiners after an oil tanker was seized by American forces in the Caribbean last week, Bloomberg reported.

US warships, tanker seizures and a declared blockade are squeezing Venezuela’s oil lifeline. As exports slow to a crawl, Chevron remains the lone US operator and even that window may be closing.

Chevron Corp. is currently engaged in talks with the Trump administration over its Venezuelan operations, with Chief Executive Officer Mike Wirth emphasizing that its continued presence there is beneficial to U.

Chevron is flying employees from Caracas to its oil production sites in Venezuela despite a US warning that air travel in the region may be unsafe due to military satellite interference.

In President Donald Trump’s telling, a land strike on Venezuela could come “soon.” He’s been saying that since mid-September. In that time, he’s publicly hinted or outright promised US military action on land at least 17 times,