When other major oil firms pulled out of Venezuela, Chevron took a calculated gamble—and stayed. Now here's where it gets interesting: the tension between Trump's administration and Maduro's government could swing either way. If political ties strengthen, Chevron might unlock massive returns from Venezuelan reserves. But the flipside? Escalating sanctions and instability could wipe out those gains overnight. It's a high-stakes bet on geopolitical outcomes—the kind of systemic risk that ripples through commodity markets, energy prices, and ultimately impacts how capital allocates across assets globally.