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Venezuela Resumes Oil Shipments to Israel Amid Political Shift

2/11/2026

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Summary

Story summary

Venezuela shipped 470,000 barrels to Bazan Group, Israel's largest oil refiner.
This is the first delivery to Israel since mid-2020.
The shipment follows political changes after the capture of former President Nicolás Maduro by U.S. forces.
U.S. President Donald Trump said the United States will oversee Venezuela's oil sector.
The interim government plans to export up to 50 million barrels to the U.S. for essential goods and energy infrastructure.

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Story summary

Venezuela shipped 470,000 barrels to Bazan Group, Israel's largest oil refiner.
This is the first delivery to Israel since mid-2020.
The shipment follows political changes after the capture of former President Nicolás Maduro by U.S. forces.
U.S. President Donald Trump said the United States will oversee Venezuela's oil sector.
The interim government plans to export up to 50 million barrels to the U.S. for essential goods and energy infrastructure.