Reported 24 days ago
The Trump administration has ordered Global Oil Terminals, headed by GOP donor Harry Sargeant III, to withdraw from Venezuela as part of a renewed effort to isolate President Nicolás Maduro. This follows the revocation of licenses for both Global Oil and Chevron, another U.S. oil company. The move reflects a shift in U.S. policy, reintroducing strict sanctions after a brief period of engagement during the Biden administration. Sargeant has been known for his attempts to improve U.S.-Venezuela relations, but the current administration is focusing on tightening pressure on Maduro amidst ongoing political and economic instability in Venezuela.
Source: YAHOO