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US orders wind down of Chevron's oil exports from Venezuela in 30 days
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US orders wind down of Chevron's oil exports from Venezuela in 30 days
Mar 4, 2025 8:08 AM

WASHINGTON, March 4 (Reuters) - U.S. President Donald

Trump's administration said on Tuesday it is ending a license

that it had granted to U.S. oil producer Chevron ( CVX ) since

2022 to operate in Venezuela and export its oil, after

Washington accused President Nicolas Maduro of not making

progress on electoral reforms and migrant returns.

Chevron ( CVX ) will have through April 3 to wind down exports from

Venezuela, according to an update of the license, published by

the U.S. Treasury Department.

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