- Venezuela
  location
- USA
  location (geo:U.S., geo:the United States, geo:USA, geo:United States, org:the United States, geo:US, org:U.S., org:US)
- Chevron Corporation
  organisation
- The Trump Organization
  organisation

Oil prices climb from 2-month lows as Trump axes Chevron's Venezuela license

Reuters

Summary

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A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week.
The Gazette
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Trump's post did not specifically mention California-based Chevron nor the permit, formally known as a general license, that exempts the company from economic sanctions and allows it to export and sell Venezuelan oil in the U.S. But it is the only Venezuela-related license whose issuance and renewal information match the dates Trump did mention in his social media post.
Voice Of America
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The administration of President Joe Biden authorized the license in 2022 after Maduro agreed to work with Venezuela’s political opposition toward a democratic election.
Global News

■ Story #11 ▪

issue 88:88 ▪

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10 sources ▪

updated 88:88

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