Economics
Trump Ready to End Chevron’s Sanctions Waiver in Venezuela
- Chevron’s fourth waiver for Venezuelan work expires April 22
- U.S. escalates pressure on Maduro regime through oil industry
Photographer: Diego Giudice/Bloomberg
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The Trump administration is ready to unleash the full impact of sanctions on Chevron Corp.’s operations in Venezuela as the U.S. seeks to further squeeze the Maduro regime.
While no decision has been made, it’s increasingly unlikely that the U.S. will again extend to Chevron a waiver to access Venezuela’s crude reserves, people familiar with the matter said.