Chevron responds after Trump completes a Venezuelan oil permit star-news.press/wp

Chevron replied to the President Donald Trump to terminate the American permit that allows the company to pump and export Venezuelan oil, saying to assess the implications of the move.

“Chevron performs his business in Venezuela in accordance with all laws and regulations, including sanctions provided by the American government,” Bill Turennen spokesman said in the statement.

Trump announced the cancellation of the license on his social platform, accusing President Venezuelan Nicolása Madurova Government not to fulfill the democratic conditions in last year’s choice and does not work fast enough for the repatriate of Venezuelan deportation migrants. The license, which was the key financial line for Venezuel, was renovated Saturday.

The Trump Post did not explicitly mention Chevron or permit based on California, which enables it to export and sell Venezuelan oil with issuance and renewal that relate to those related to its position on social media.

“We are hereby accelerating the concessions that the wrong Joe Biden gave Nicolás Maduro, Venezuela, on the Oil Transaction Agreement, from 26. November 2022,” Trump wrote.

This is the news of the development and will be updated as much information as possible.

Reporting to the associated press contributed to this story.