Trump Revokes License of US Oil Tycoon for Venezuelan Asphalt Import

Reported 4 days ago

The Trump administration has rescinded the license of energy magnate Harry Sargeant III to import asphalt from Venezuela, requiring his company, Global Oil Terminals, to cease operations by May 27. This move is part of broader efforts to pressure the Maduro regime for democratic reforms, with a deadline also imposed on Chevron. Sargeant's company was previously granted a two-year waiver to conduct this trade, but must now settle any outstanding debts by April 2.

Source: YAHOO

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