Venezuela tariffs

Oil rises for fifth day on supply concerns after Venezuela tariffs

March 25, 2025

(Investing) – LONDON – Oil prices rose on Tuesday for a fifth day on expectations that global supply may tighten after the U.S. announced tariffs on countries that buy Venezuelan crude, although OPEC+ plans to go ahead with an output hike in May limited gains. Brent crude futures were up 46 cents, or 0.6%, at $73.46 a barrel by 1023 GMT.

Trump may extend Chevron’s Venezuela license

March 20, 2025

(Oil Price) – President Donald Trump is considering extending Chevron’s sanction waiver for Venezuela, which he earlier this year refused to do, letting the waiver lapse, the Wall Street Journal has reported, citing unnamed sources familiar with developments. Per the report, the possibility of extending the waiver arose during Trump’s meeting with oil and gas executives in the White House on Wednesday.

Oil rises for fifth day on supply concerns after Venezuela tariffs

Trump may extend Chevron’s Venezuela license

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