The Trump administration on Tuesday gave Chevron 30 days to stop oil production in Venezuela after Washington accused President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
Copyright 2025 The Associated Press. All Rights Reserved. Figurines depicting physician Jose Gregorio Hernandez are displayed for sale at a church in Caracas ...
President Donald Trump revoked a license granted to Chevron by his predecessor, Joe Biden, two years ago. Trump announced the decision in a late Wednesday post on Truth Social. The decision comes as Trump accuses Venezuelan President Nicolás Maduro of failing to make the necessary headway on election changes and migrant returns.
Tax and royalty payments resulting from Chevron's license have provided a steady source of revenue to Maduro's administration since early 2023, a source familiar with Venezuela's oil industry said. The money has lifted Venezuela's economy, especially its oil-and-banking sectors, which expanded last year.
U.S. President Donald Trump's administration said on Tuesday it is ending a license that it had granted to U.S. oil producer Chevron since 2022 to operate in
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Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to USCARACAS, Venezuela (AP) — A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week, President Donald Trump announced Wednesday, ending what became a financial ...
In addition, Trump’s administration did what no other president has ever done — punish the regime’s human trafficking of Cuban doctors. The so-called Cuban Medical Brigades have six decades of impunity, labor exploitation, human rights abuses and in some cases cover-up of military operations.
Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to some oil companies that allow them to export the South American country's oil to specific destinations.
President Donald Trump has even suggested that Maduro successfully reduced crime by exporting gang members to the U.S. “Crime is down in Venezuela by 67% because they’re taking their gangs and their criminals and depositing them very nicely into the United States,” he told supporters in April 2024.
Washington has in recent years authorized some companies to maintain operations in Venezuela and export oil to certain markets, including the U.S., Europe and India, as exceptions to its sanction ...
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