War and Oil: Connecting the Dots
TRANSCEND MEMBERS, 12 Jan 2026
Mazin Qumsiyeh | Popular Resistance – TRANSCEND Media Service
And Why Everyone Should Boycott Chevron
7 Jan 2026 – The U.S. and Israel have a special arrangement since 1979 under which the United States would supply oil to Israel if Israel could not secure enough oil on its own due to shortage or supply disruption [1]. This pact is unique: No other country receives a similar guaranteed emergency oil supply from the U.S. and the agreement has been extended routinely with the last a extension for ten years! [2]. The US sent refined fuel to Israel to bomb Gaza in 2008/2009 even when gas prices at the pump got higher for US citizens [3]. In 2023, 60% of the crude oil imported by Israel (totals imports $3.23 billion) came from Azerbaijan and Kazakhstan to Turkish ports through the Caspian Pipeline Consortium (in which Chevron has the largest stakeholder- Chevron is also to be the main beneficiary of the attack on Venezuela). The percentage rose to 70% of crude supply through that pipeline between late 2023 and late 2025 [4]. Refined imports of $1.35 billion worth came mostly from Russia, Egypt, Turkey, and Romania. The U.S. is the sole documented supplier of military-grade jet fuel (JP-8) under aid programs during the war [4] of course paid for by US taxpayers to decimate Gaza and dramatically increasing greenhouse gases.
In 2020 Chevron completed a major acquisition of U.S.–based Noble Energy, which had been the lead developer of Israel’s largest offshore natural gas fields. This deal brought Chevron’s operations directly into Israel’s energy sector [5]. Chevron integrated into its global portfolio the “Tamar and Leviathan” offshore gas fields (Most portions of these belong to Palestine based on UN partition lines) and at least part of the ownership of the current Gaza strip [6]. In 2025, Egypt signed a deal to import $35 billion in gas from the Chevron operated gas fields (and a new “Nitzana” pipeline) off the coast of Gaza benefitting the apartheid state and the rich Chevron. Hence the ethnic cleansing and genocide on Gaza continues to empty it and allow for money to continue flowing. Here are the biggest institutional shareholders of Chevron (and people should write to them to divest): The Vanguard Group, Inc.; State Street Corporation; Berkshire Hathaway, Inc.; BlackRock Inc. And ofcourse boycott Chevron stations [See 7].
Venezuelan people and most of the world are fully aware that 1) Trump consulted with his partners in crime (Chevron CEO and Netanyahu) but not Congress when he decided to bomb for oil (and rare minerals), 2) The market bumbed up Chevron stock price upon hearing the news [8], 3) They are merely a stepping stone for taking over other countries (Panama, Canada, Greenland, Cuba)… But the imperial power WILL fail. I leave that to another analysis. But in the meantime do continue to act and we all need to work harder to stop the lunatics pushing us to WWIII.
[1] https://www.energy.senate.gov/services/files/894BE546-C7E6-4BC4-A3F0-9E352549109B
[2] https://www.israelnationalnews.com/flashes/323545
[3] https://wespac.org/2009/01/16/us-taxpayers-spending-over-one-billion/
[4] https://oilchange.org/wp-content/uploads/2024/03/Israel-Gaza-Fuel-Data-v2.pdf?utm_source=chatgpt.com
[5] https://israel.chevron.com/en/about
[6] https://www.timesofisrael.com/chevron-seals-acquisition-of-noble-energy-which-operates-in-israel-gas-fields/
[7] https://bdsmovement.net/chevron https://afsc.org/BoycottChevron
[8] https://www.cnbc.com/2026/01/05/market-sees-chevron-the-big-venezuela-winner-but-oil-majors-face-a-long-road.html
____________________________________________
Mazin Qumsiyeh, associate professor of genetics and director of cytogenetic services at Yale University School of Medicine, is founder and president of the Holy Land Conservation Foundation and ex-president of the Middle East Genetics Association. He won the Raymond Jallow Activism Award from the national Arab American Anti-Discrimination Committee in 1998. He is co-founder and national treasurer of Al-Awda, the Palestine Right to Return Coalition, and has written extensively about the Middle East. Qumsiyeh is a member of the TRANSCEND Network for Peace Development Environment, author of Sharing the Land of Canaan and Popular Resistance in Palestine, a professor at Bethlehem University and director of the Palestine Museum of Natural History in Bethlehem. http://palestinenature.org
Go to Original – popular-resistance.blogspot.com
JOIN THE BDS-BOYCOTT, DIVESTMENT, SANCTIONS CAMPAIGN TO PROTEST THE ISRAELI BARBARIC GENOCIDE OF PALESTINIANS IN GAZA.
DON’T BUY PRODUCTS WHOSE BARCODE STARTS WITH 729, WHICH INDICATES THAT THEY ARE PRODUCED IN ISRAEL. DO YOUR PART! MAKE A DIFFERENCE!
7 2 9: BOYCOTT FOR HUMAN JUSTICE!
Tags: BDS Boycott Divestment Sanctions, Big Oil, Chevron, Disaster Capitalism, Gaza, Genocide, Israel, Military Capitalism, Oil, Profits, USA, Venezuela
DISCLAIMER: The statements, views and opinions expressed in pieces republished here are solely those of the authors and do not necessarily represent those of TMS. In accordance with title 17 U.S.C. section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. TMS has no affiliation whatsoever with the originator of this article nor is TMS endorsed or sponsored by the originator. “GO TO ORIGINAL” links are provided as a convenience to our readers and allow for verification of authenticity. However, as originating pages are often updated by their originating host sites, the versions posted may not match the versions our readers view when clicking the “GO TO ORIGINAL” links. This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.
Join the discussion!
We welcome debate and dissent, but personal — ad hominem — attacks (on authors, other users or any individual), abuse and defamatory language will not be tolerated. Nor will we tolerate attempts to deliberately disrupt discussions. We aim to maintain an inviting space to focus on intelligent interactions and debates.