US EditionTrump Reverses Course on Venezuela, Revoking Biden-Era Oil Deal
- President Donald Trump announced the termination of a permit for Chevron Corp. To export Venezuelan oil, labeling it a financial lifeline for the country under President Nicolás Maduro.
- The U.S. Government does not recognize Maduro as the president of Venezuela, and the opposition claims that he received approximately $4 billion from the now-terminated permit.
- Opposition leader Maria Corina Machado accused Maduro of misusing these funds for 'repression, persecution, and corruption.'
- Trump criticized the Maduro government for not efficiently repatriating immigrants set for deportation.
158 Articles
158 Articles
OFAC License Renews, Chevron To Continue Operating in Venezuela - teleSUR English
General license No. 41, issued by the US Office of Foreign Assets Control (OFAC), was automatically renewed on Saturday, allowing the US oil company Chevron to continue conducting a group of operations in Venezuela. RELATED: Venezuela Condemns U.S. Cancellation of Chevron’s License On 25 February, President Trump declared that he would end the oil export licenses authorized by Biden. He stressed that they will cease to be effective from 1 March,…
Venezuelan oppo leader joins Cuban-born GOP lawmaker praising Trump for canceling Biden-Maduro oil deal
After President Donald Trump nixed an oil deal between the U.S. and Venezuela forged by the Biden administration, Rep. Carlos Gimenez, R-Fla., headlined a conference with Venezuelan opposition leader Juan Guaidó in Miami.
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