Sunday, May 25, 2025
Chevron's Venezuela oil license set to expire next week, says U.S. Secretary Rubio-oil and gas 360

Chevron’s Venezuela oil license set to expire next week, says U.S. Secretary Rubio

(World Oil) – U.S. Secretary of State Marco Rubio said in a post on X that a Venezuela oil-export license will expire next Tuesday, defying earlier expectations that it would be extended. The tighter time frame would put pressure on Chevron Corp.’s operations in the sanctioned nation. The U.S. oil giant has been a major contributor to Venezuela’s economy in