At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the South American country's waters on Thursday, with exports expected to resume later this month following a new U.

At least three vessels that Chevron had used to transport Venezuelan crude to the U.S. are navigating toward the South American country's waters, Reuters reported.

A trio of Greek-owned aframax tankers are reported to be heading back to Venezuela under charter by Chevron as a new US licence re-opens the trade. The US giant has not shipped any Venezuelan oil cargoes since April after a previous permit was revoked.

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision said on Wednesday, adding that no money from oil proceeds can be transferred in any way to the administration of Venezuelan President Nicolas Maduro.