This may be a way of further pressure to self -Proclaimed Venezuela head Nicolas Maduro to force him to end an agreement with US President Donald Trump.
The US Department of Finance has provided American Energy Company Chevron until April 3 to complete its activities in Venezuela. Bloomberg reported it.
Companies only gave 30 days to stop transactions instead of six weeks familiar with such cases.
This may be a way of further pressure to self -proclaimed Venezuela head Nicolas Maduro to force him to end an agreement with US President Donald Trump.
Chevron received a license to work in Venezuela under Joe Biden’s supervision. The company exports about 240 thousand from Venezuela. Oil barrels per day, approximately one -quite a total of country oil production.
In the past, Trump has announced that the Chevron’s license for Venezuela transactions has been canceled.
Chevron’s sharing at the beginning of the trading on Tuesday fell 1.2%.
Remember, on July 28, 2024, the president’s election was held in Venezuela. The country’s National Electoral Council announced Maduro’s success with 51.2% of the vote. Opposition representatives said Edmund Gonzalez Urrutia won the election with 73% of the vote.
After the announcement of election results in the country, the protests began. The US government recognized the winner of Gonzalez.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.