Venezuela’s state-owned oil company, Petroleos de Venezuela (PDVSA), recently suffered a cyberattack that disrupted its export operations, although the company claims the impact was limited to administrative systems. The attack comes amid heightened tensions between Venezuela and the U.S., following the seizure of a Venezuelan oil tanker by U.S. authorities. PDVSA and the Venezuelan government have accused the U.S. and domestic conspirators of orchestrating the attack to undermine national stability and seize control of Venezuelan oil resources. Despite PDVSA’s assertions that operational areas were unaffected, internal sources indicate that systems managing the country’s main crude terminal remain offline, halting oil cargo deliveries. The company instructed staff to disconnect from the network and shut down computers as a precaution. Sources report that oil output, refining, and domestic distribution were not impacted, but export operations have been severely disrupted, with more than eleven (11) million barrels of oil stuck on vessels in Venezuelan waters. The attack is believed to be a ransomware incident, with malicious software encrypting files and potentially stealing data. PDVSA has reportedly recovered from the attack, but ongoing effects include suspended loading instructions and tankers making u-turns.