President Trump on Tuesday reversed a Biden-era license that allowed the oil giant to operate in Venezuela despite US sanctions

The US administration of Donald Trump is giving Chevron Corp. one month to stop producing oil in Venezuela, delivering a heavy blow to President Nicolas Maduro’s autocratic regime.

Venezuelan President Nicolas Maduro on Wednesday said his government would continue producing oil, a day after the United States gave energy giant Chevron a month to stop operations in the Caribbean country.

CARACAS, Venezuela (AP) — A man revered by millions as the “doctor of the poor” will be the first saint from Venezuela after Pope Francis approved a decree Tuesday. A date for the canonization of Dr. José Gregorio Hernández, who died in 1919 ...

attends a signing agreement ceremony between Venezuela and the California-based Chevron, in Caracas, Venezuela, Dec. 2, 2022. (AP Photo/Matias Delacroix, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Follow live updates on ...

The Trump administration canceled a license with oil giant Chevron that allowed Venezuela to export oil. This is a major blow to the Maduro regime.

Trump’s corollary to the Monroe Doctrine – “speak loudly AND carry a big stick” – has not been applied full force on Venezuela…as of yet. Instead the new

The answer, of course, is that the U.S. doesn't want Maduro to be there. The Biden administration didn't want Maduro in the presidential palace either but eventually concluded that he wasn't going anywhere and that it was better to operate in reality rather than wait until the former school bus driver and union leader was dead or removed.

Rather than ‘offshoring’ criminals to the US, Venezuelan government policies have both consolidated gangs and created volatile pacts with them.

US sanctions on Venezuela have failed to achieve political change while harming American bondholders, who face heavy losses from Venezuela's $150 billion debt default.

Venezuelan President Nicolás Maduro was inaugurated for a third term as president in Jan. despite widespread concerns over vote rigging.