Reported about 8 hours ago
President Donald Trump announced his intention to revoke Chevron Corp.’s oil license in Venezuela, a move aimed at hindering the economic recovery under President Nicolás Maduro. The decision threatens to decrease production significantly, as Chevron's operations play a crucial role in stabilizing the Venezuelan economy. This action follows increased U.S. restrictions after Maduro's disputed reelection and is expected to have far-reaching impacts on both Venezuela and U.S. energy dynamics.
Source: YAHOO