12:38 PM EST, 11/25/2025 (MT Newswires) -- Chevron ( CVX ) has been approached by the Venezuelan government to supply an essential feedstock after a US warship blocked the path of a Russian naval vessel near its coast, Bloomberg reported Monday, citing people with knowledge of the situation.

Chevron ( CVX ) can load crude oil only once it has supplied Venezuela with a shipment of diluent naphtha, used in pipelines to help oil flow, the report said.

A ship booked by Chevron ( CVX ) was scheduled to load crude oil at Venezuela's Jose terminal, but instead sailed to the US Virgin Islands to load naphtha, the report said.

An explosion at a Venezuelan oil facility disrupted naphtha supplies, the report said.

Chevron ( CVX ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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