It seems like a contradiction - the U.S. produces more oil than any other country in history, yet remains one of the biggest ...

While oil prices maintain a complex relationship with the U.S. economy, the price of oil and Venezuela's economy move pretty much in lockstep ... in the past, which have caused the country ...

The Trump administration’s decision to revoke the licenses allowing Chevron and other international companies to produce oil ...

Since he took office in January, U.S. President Donald Trump has said the United States does not ... foreign oil companies' presence and operations in Venezuela. Those details have not been ...

The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron since 2022 to operate in Venezuela and export its oil, after Washington accused ...

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

US sanctions on Venezuela have ... while blocking much-needed capital that could support Venezuela’s recovery. Yet rather than facilitating a solution, US sanctions have only deepened the ...

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil ...

The Treasury Department gave the US-based oil ... Venezuela’s economy by as much as 7.5% this year, according to the Finance Observatory, an opposition-run research group. Republican lawmakers ...

The revocation of gas and oil licenses ends a financial lifeline for Venezuela, with catastrophic consequences.

Chevron’s exit is a blow to Venezuela, where it helped boost oil output ... who now have new vehicles, new weapons and new technology.” “The new Trump administration now poses a much greater ...