Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump and export Venezuelan oil. Oil wells roared back to life and massive tanker ships returned to Venezuela’s coast to be filled with heavy, hard-to-refine crude destined for the U.S.

tag:reuters.com,2025:binary_RC2LACAB80HM-BASEIMAGE

Washington Top News

Washington

District of Columbia

United States

US rejects Venezuelan President Maduro’s reelection, but keeps financial lifeline for his government

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.S. energy giant Chevron a permit to pump and export Venezuelan oil despite sanctions

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Independent

Evgeny Lebedev

London

Greater London

England

United Kingdom

US rejects Venezuelan President Maduro's reelection, but keeps financial lifeline for his government

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.S. energy giant Chevron a permit to pump and export Venezuelan oil despite sanctions.

Associated Press News

Independent Media

Venezuela's opposition says Maduro's government has earned billions of dollars from exports allowed by the permit.

Hindustan Times

HT Media

New Delhi

Delhi

India

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.S. energy giant Chevron a permit to pump and expo...

abc News

The Walt Disney Company

The Washington Post

Jeff Bezos

CARACAS, Venezuela (AP) -- Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolas Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump and export Venezuelan oil.

Financial Post

Leon Cooperman

Allianz

Canada

CARACAS, Venezuela (AP) — Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump and export Venezuelan oil. Oil wells roared back to life and massive tanker ships returned to Venezue…

Hubbard Broadcasting

Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump and export Venezuelan oil.

Star Tribune

Glen Taylor

Minneapolis

Hennepin County

Minnesota

In 2022, Venezuela saw a glimmer of hope with a U.S. permit allowing Chevron to export Venezuelan oil, boosting the economy despite disputed presidential election results. Venezuela's state coffers benefited from the oil exports, but critics argue the permit has not promoted democracy, and revoking it could increase migration.

US rejects Venezuelan President Maduro’s reelection, but keeps financial lifeline for his government

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics