Reported about 11 hours ago
The Trump administration is set to issue a restricted license to Chevron Corp., allowing the company to conduct essential maintenance on its operations in Venezuela while maintaining sanctions. This license comes as the current authorization is due to expire on May 27, and it signifies a potential shift in US-Venezuela relations. The new waiver resembles previous authorizations that permitted limited operations but prohibited new investments or crude export, indicating an ongoing strategic dialogue.
Source: YAHOO