# Venezuela Type: country Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/venezuela-country Canonical HTML page: https://getsupplybrief.com/entity/venezuela-country ## Timeline - **2026-04-19**: Discharge Deadline — Final date for sanctioned Iranian oil to be discharged under current US waiver. - **2026-03-30**: Russian Import — Expected arrival of first Russian crude shipment in five years under a 30-day waiver. - **2026-03-25**: Diplomatic Confirmation — Ambassador Romualdez confirms ongoing talks with US State Dept for sanctions waivers. - **2026-03-24**: Emergency Declaration — Philippines declares a one-year national energy emergency due to Middle East war fallout. - **2026-03-20**: Supply Assessment — Government reports 45-day fuel buffer; US issues 30-day waiver for Iranian oil already at sea. - **2026-03-19**: Russian Shipment Confirmed — First Russian tanker of the year prepares to offload crude to stabilize the thermoelectric grid. - **2026-03-18**: Sanctions Eased — President Trump announces the easing of Venezuelan oil sanctions to boost global supply. - **2026-02-01**: Fuel Rationing — Cuban government implements strict fuel rationing for private vehicles and public transport. - **2026-01-10**: Conflict Escalation — Hostilities break out between the U.S. and Iran, disrupting Middle Eastern oil flows. - **2025-10-20**: National Grid Collapse — Cuba suffers a total nationwide blackout lasting several days due to fuel shortages and plant failure. - **2022-08-05**: Matanzas Fire — Lightning strike triggers massive fire at Cuba's main oil storage facility, destroying four tanks. - **2019-01-28**: Sanctions Imposed — The U.S. imposes heavy sanctions on PDVSA to pressure the Maduro government. ## Recent coverage (5 stories) ### India's Russian oil imports surge 39% to 2.66 mbpd as Hormuz disruption reshapes supply chains 2026-06-21 09:23:34 · Sentiment: Neutral · Impact: 6/10 · Sources: 2 India's June crude imports reveal a massive supply chain pivot: Russian flows jumped 39% to 2.66 million bpd while US imports collapsed to 91,000 bpd. UAE volumes stayed near record levels, showcasing agile risk management against Hormuz chokepoint uncertainties. Full story: https://getsupplybrief.com/story/india-russia-oil-surge-supply-chain-hormuz ### 90% of Iran’s Oil Exports at Risk: Hormuz Closure Sparks Global Supply Chain Crisis 2026-06-11 19:34:01 · Sentiment: Very Bearish · Impact: 8/10 · Sources: 2 The U.S. threat to seize Kharg Island and the closure of the Strait of Hormuz have triggered an immediate crisis for global oil logistics, with shipping routes disrupted, insurance costs skyrocketing, and tanker safety in peril. Full story: https://getsupplybrief.com/story/trump-kharg-island-supply-chain-hormuz-closure ### Philippines Navigates US Sanctions to Secure Energy Amid Global Supply Crisis 2026-03-25 02:11:59 · Sentiment: Neutral · Impact: 6/10 · Sources: 2 The Philippines has declared a one-year national energy emergency, prompting high-level negotiations with Washington for sanctions waivers to import oil from Iran, Russia, and Venezuela. Faced with a 45-day supply buffer and escalating Middle East tensions, Manila is pivoting toward sanctioned energy sources to stabilize its domestic power and logistics sectors. Full story: https://getsupplybrief.com/story/philippines-us-sanctions-oil-waivers-energy-emergency ### Cuba Receives First 2026 Russian Oil Shipment Amid Severe Energy Crisis 2026-03-19 22:16:28 · Sentiment: Bearish · Impact: 6/10 · Sources: 2 Cuba is preparing for the arrival of its first Russian oil shipment of the year, providing a critical lifeline to its failing power grid. The delivery comes as the island nation faces its most severe energy shortage in decades, driven by infrastructure decay and dwindling supplies from traditional partners. Full story: https://getsupplybrief.com/story/cuba-russian-oil-shipment-energy-crisis-2026 ### US Eases Venezuela Oil Sanctions to Counter Iran War Supply Disruptions 2026-03-18 17:54:22 · Sentiment: Neutral · Impact: 7/10 · Sources: 4 The Trump administration has moved to ease long-standing sanctions on Venezuela's oil sector to bolster global supply during an ongoing conflict with Iran. This strategic pivot aims to stabilize energy markets and provide a critical alternative to Middle Eastern crude. Full story: https://getsupplybrief.com/story/us-eases-venezuela-oil-sanctions-iran-war --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getsupplybrief.com/guides/methodology for the full editorial methodology.