Permit issued by the United States Government allowing an energy giant Chevron Corp. For pumping and export of Venezuelan oil, this week is abolished, president Donald Trump Announced on Wednesday, ending what became a financial life for South America.
Trump’s announcement in his social network of truth has accused President Nicolás Government of Democratic Conditions for last year’s presidential election in July, as well as not moving fast enough to get back to back to Venezuela Immigrants set up for deportation.
“We are canceled by the concessions that Crooked Joe Biden gave Nicolás Madur from Venezuela, in an oil transaction agreement,” Trump wrote.
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The Trump Post did not specifically mentioned Chevron with headquarters in California, nor permission, formally known as a general license, which excludes a company from economic sanctions and allows it to export and sell Venecuelan oil in the US, but this is the only license related to Venezuela whose editions and renewal of information mentioned in his social media.
President Joe Biden’s administration approved a license in 2022 after Maduro agreed to work with the political opposition of Venezuela according to the democratic election. However, the elections, which took place in July 2024, were neither fair nor free, and Maduro swore last month for his third six -year term, despite his credible evidence that his opponent received more votes.
The Biden government then resisted the calls from Venezuela opposing and others to abolish the permit, whose goal was now at first saying that it was “supporting the renewal of democracy.” The opposition estimated that the Madurov government received about $ 4 billion through a permit, which was supposed to be renovated on Saturday.
“We are aware of today’s announcement and consider its consequences,” said Chevron Bill spokesman in the statement. “Chevron performs his business in Venezuela in accordance with all laws and regulations, including the framework of sanctions provided by the US Government.”
Venezuela sits at the top of the largest proven oil reserves in the world and once used them to power the strongest economy of Latin America. But corruption, poor management and possible economic sanctions in the US have noted that production is constantly declining.
The Madurov government did not immediately comment on Trump’s announcement.
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