Chevron can resume oil import operations from Venezuela with President Donald Trump’s blessing, according to reports.
While details of the licensing approval are not yet clear, this marks a limited but significant change in import policy for the Trump administration toward the socialist dictatorship of Nicolás Maduro .
In February, President Trump revoked an oil license granted by former President Joe Biden to Chevron in 2022, allowing it to operate in Venezuela. At the time, Trump wrote on Truth Social, “We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement, dated…
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