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U.S. has made "damaging and inexplicable" decision on Chevron license, Venezuela VP says
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U.S. has made "damaging and inexplicable" decision on Chevron license, Venezuela VP says
Feb 26, 2025 1:10 PM

Feb 26 (Reuters) - The United States government has made

a "damaging and inexplicable" decision concerning Chevron's ( CVX )

license to operate in the South American country, Venezuela Vice

President Delcy Rodriguez said in a statement on Wednesday.

U.S. President Donald Trump said he was reversing oil

concessions given to Venezuela by his predecessor Joe Biden more

than two years ago, accusing President Nicolas Maduro of not

making progress on electoral reforms and migrant returns.

Trump did not name Chevron ( CVX ) in his comments.

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