In a surprising reversal, President Trump announced the rescission of a Treasury license that allowed Chevron to produce and export oil from Venezuela, attributing the decision to President Nicolás Maduro's lack of legitimacy and the slow pace of deporting Venezuelans. This marks a significant shift after a brief period of outreach, including the release of American prisoners in exchange for accepting deported migrants. Venezuelan officials condemned the move as influenced by extremist politics in the U.S., arguing it would harm American international interests instead of Venezuela's.
President Trump announced the revocation of a Treasury license allowing Chevron to operate in Venezuela, citing concerns over Maduro's legitimacy and treatment of deported Venezuelans.
The regime has not been transporting the violent criminals that Venezuela sent into our Country back to Venezuela at the rapid pace that they had agreed to.
Venezuelan Vice President Delcy Rodriguez rejected Trump's decision, labeling it as an inexplicable request from the country's extreme political opposition.
This decision will not harm Venezuela, but it will inflict damage on the United States and its international investments.
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