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US Ends Venezuelan Oil Concessions Deal in Move Against Maduro Government

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United States President Donald Trump has revoked Chevron's permission to operate in Venezuela, a sudden reversal of his administration's previous outreach to President Nicolás Maduro. This decision comes after Trump stated that Maduro's recent re-election lacked proper conditions, implying a lack of legitimacy. Trump also claimed that Maduro has not accepted Venezuelan deportees from the US at a satisfactory rate.

    1. The regime has not been transporting the violent criminals that [Venezuela] sent into our Country (the Good Ole' U.S.A.) back to Venezuela at the rapid pace that they had agreed to.
    2. We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022, and also having to do with Electoral conditions within Venezuela, which have not been met by the Maduro regime.
    1. Venezuela emphasizes that these kinds of failed decisions prompted the migration from 2017 to 2021 with the widely known consequences.
    2. In its attempt to harm the Venezuelan people, it is in fact hurting the United States, its population and its companies, and also calling into question the legal security of the US's international investment regime.
    1. Chevron conducts its business in Venezuela in compliance with all laws and regulations, including the sanctions framework provided by US government.
US Ends Venezuelan Oil Concessions Deal in Move Against Maduro Government