Venezuela deal gives U.S. new oil leverage amid wars in Iran and Ukraine
A Venezuela oil deal could increase available crude supply and shift trade leverage toward U.S.-linked barrels.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Canadian crude oil imports →Stands to benefitReuters says the deal will boost investment in Venezuela, so this small Venezuela supply source is a modest beneficiary even though its share of Canadian crude imports is low.
77% confidenceCanadian crude oil imports →supply upCanadian crude imports are a strong input to jet fuel (0.75 dependency strength), so added crude supply from the Venezuela deal should ease downstream jet-fuel availability.
52% confidenceHop 2
Venezuela →supply upVenezuela accounts for 3.5% of this feedstock supply, so a Venezuelan oil deal should modestly increase its availability.
84% confidenceJet fuel →supply upGulf Coast crude oil feedstock (jet fraction)
More available U.S.-linked crude should directly raise availability of this critical jet-fuel feedstock, which has very high dependency strength (0.95).
82% confidenceVenezuela →supply up
Where it lands
What you buy, and what you own.
Goods you buy
Jet fuel
Companies you may own
No named companies on this path.
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.