US sanctions on Venezuela have failed to achieve political change while harming American bondholders, who face heavy losses ...
President Trump on Tuesday reversed a Biden-era license that allowed the oil giant to operate in Venezuela despite US sanctions ...
Ramped-up economic sanctions will immediately affect the country’s oil output and potentially trigger inflation.
The U.S. Treasury Department is formally rescinding a Biden-era license allowing Chevron (CVX) to pump oil in Venezuela, giving the oil major ...
The Treasury Department said Chevron has 30 days to wind down operations in the country.