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White House Discusses Extending Chevron’s Venezuela Waiver

  • Existing sanctions waiver is due to expire on July 27
  • Chevron is last remaining U.S. oil major in crisis-hit country

Photographer: Diego Giudice/Bloomberg

Updated on

The White House is discussing a renewal of Chevron Corp.’s license to operate in Venezuela despite sanctions on the country, said President Donald Trump’s top economic adviser, Larry Kudlow.

“It is under discussion,” Kudlow told reporters at the White House on Tuesday. “Chevron has done a great job. They have a long and illustrious tradition as you may know in Venezuela.”