Trump Revised Chevron’s Venezuela Deal. Maduro’s Oil Trader Profited.
A firm controlled by a businessman tied to a seized tanker carrying Venezuelan oil has sold millions of barrels from a Chevron-operated oil field.
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A firm controlled by a businessman tied to a seized tanker carrying Venezuelan oil has sold millions of barrels from a Chevron-operated oil field.
The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its scope and economic impact are not clear.
In public, the White House says it is confronting Venezuela to curb drug trafficking. Behind the scenes, gaining access to the country’s vast oil reserves is a priority.
Jimmy Lai spent decades criticizing China’s rulers. He faces up to life in prison after a court found him guilty of national security crimes.
Jimmy Lai, the Hong Kong publisher and democracy campaigner, was convicted of national security charges in a city where even minor dissent is now whispered.
Firms with ties to Cuba are getting a larger share of Venezuelan oil exports, as the island’s security agents boost President Nicolás Maduro’s defenses.
A senior Trump administration official said that maintaining sanctions against Justice Alexandre de Moraes was no longer in the interest of the United States.
The United States is escalating its pressure campaign on Venezuela’s leader, Nicolás Maduro, after seizing an oil tanker off the coast.
The tanker was headed eastward and had recently carried Iranian oil. The seizure is an escalation in President Trump’s military pressure campaign against Venezuela’s leader, Nicolás Maduro.
Seizures of more tankers could put a stranglehold on Venezuela’s economy, which is exceptionally dependent on oil to keep the government running and pay for basic necessities.