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Venezuela sends first crude oil shipment to Israel since 2020

US-approved intermediaries Vitol and Trafigura facilitated the shipment to Israel's largest refinery, the first Venezuelan crude delivery to the country since 2020.

  • Venezuela has shipped crude oil to Israel for the first time since mid-2020, signifying a change in its energy policy and foreign alignments following the establishment of an interim government under US oversight.
  • The cargo is bound for the Bazan Group, Israel's largest oil refiner, indicating a departure from Venezuela's long-standing boycott of Israel that began in 2009 under then-President Nicolás Maduro.
  • Acting President Delcy Rodríguez has reopened Venezuela's oil sector to foreign investment and advanced reforms since the January 3, 2026, capture of former President Nicolás Maduro, who was condemned by officials as illegally abducted.
  • US President Donald Trump stated that Washington aims to manage Venezuela's oil sector for an extended period.
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Bloomberg broke the news in United States on Tuesday, February 10, 2026.
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