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Trump Strikes Venezuela, Chevron Shares Surge Amid Oil Concerns

1/4/2026

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Story summary
  • U.S. President Donald Trump announced that U.S. forces struck Venezuela and captured President Nicolás Maduro.
  • Chevron shares rose 2.3% to $155.90 as investors weigh potential impacts on oil supply and sanctions.
  • Venezuela's state oil firm PDVSA reported no damage to production facilities despite the strike.
  • Oil prices closed slightly lower, with Brent at $60.75 and WTI at $57.32.
  • Traders are monitoring sanctions and the upcoming OPEC+ meeting.