President Nicolás Maduro of Venezuela aimed for a democratic election amid US economic sanctions, offering Chevron a permit to export Venezuelan oil. Despite an unfair election and criticism, oil revenues have bolstered Venezuela's economy.

Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions.

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.

Chevron Corp. presentó declaraciones de impuestos por valor de unos US$300 millones al gobierno venezolano el año pasado, lo que plantea interrogantes sobre cuánto se está beneficiando el presidente Nicolás Maduro de la producción petrolera de la compañía estadounidense a pesar de las sanciones.

The Biden administration’s shift to a more pragmatic and strategic approach to Venezuela’s opposition has allowed for the recognition of opposition leaders and the imposition of

Donald Trump’s secretary of state-nominee Marco Rubio said the US should reconsider Chevron Corp.’s sanctions waiver that allows the oil giant to operate in Venezuela.Most Read from BloombergThese Homes Withstood the LA Fires.

The US ruling class is approaching a consensus on the use of further economic devastation and potentially military force to oust Maduro and secure control over the world’s largest oil reserves.

Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions.

The message seemed designed to reach Washington as one administration prepares to hand the baton to the next: If the United States keeps messing with Venezuela, then Caracas will retaliate by “liberating” the US territory of Puerto Rico,

Venezuela, a country in South America, has the largest oil reserves in the world. But over the last few years, the country has faced serious challenges. Corruption, bad management, and tough economic sanctions have made it hard for the country to produce and sell oil.

Puerto Rico Gov. Jenniffer González-Colón asked President-elect Trump to take action after Venezuela's Nicolás Maduro threatened an invasion.

Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return,