Chevron's Return to Venezuelan Oil: Implications for US Energy Policy

Reported about 15 hours ago

The US is modifying its energy strategy regarding Venezuela by permitting Chevron to resume oil production, reversing a prior ban imposed by the Trump administration. This shift could enhance Chevron's cash flow while highlighting the delicate balance the US must maintain in handling sanctioned countries like Venezuela to keep energy prices low, especially as the geopolitical landscape evolves.

Source: YAHOO

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