Trump Halts Chevron's Venezuela Oil Deal Amid Deportation Dispute | Firstpost America

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Trump Halts Chevron's Venezuela Oil Deal Amid Deportation Dispute | Firstpost America | N18G President Trump revoked a Biden-era license allowing Chevron to produce oil in Venezuela, citing Nicolas Maduro's failure to deport migrants as agreed. The move ends a key deal that had boosted Venezuela's struggling economy and provided Chevron with 200,000 daily barrels of oil. Trump's decision follows frustration over Maduro's slow repatriation of Venezuelan migrants, including gang members linked to US crimes. The announcement signals a return to Trump's hardline stance against Maduro's regime. With US-Venezuela relations at a crossroads, the decision could worsen Venezuela's crisis while reshaping diplomatic ties and global oil markets.

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Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67c1f99663ee4e2db1e5cac9c882fd50&url=https%3A%2F%2Fwww.firstpost.com%2Fweb-show%2Ffirstpostamerica%2Ftrump-halts-chevrons-venezuela-oil-deal-amid-deportation-dispute-firstpost-america-n18g-vd922449%2F&c=12401822923112524360&mkt=en-us Author : Publish date : 2025-02-28 04:19:00 Copyright for syndicated content belongs to the linked Source .