The Trump administration on Tuesday gave Chevron 30 days to stop oil production in Venezuela after Washington accused President Nicolas Maduro of not making progress on electoral reforms and migrant returns.

The Trump administration announced late Wednesday that it is revoking Biden administration-issued licenses for oil and gas development in Venezuela that provided much-needed financial relief to the socialist regime of Venezuelan dictator Nicolas Maduro.

After President Donald Trump nixed an oil deal between the U.S. and Venezuela forged by the Biden administration, Rep. Carlos Gimenez, R-Fla., headlined a conference with Venezuelan opposition leader Juan Guaidó in Miami.

United States President Donald Trump has announced a reversal of the concessions granted in an oil transaction agreement with Venezuela by his predecessor, Joe Biden, more than two years ago. In a post on Truth Social on Wednesday,

President Trump said Wednesday that he’s canceling a Biden-era economic reprieve for Venezuela — a move that will cause Caracas to lose roughly 34% of its oil export market. “We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro,

President Donald Trump announced that the U.S. is terminating concessions given to Venezuela for a Biden-era oil agreement. The post Trump Terminates Biden-era Oil Deal With Venezuela For Not Transporting Deportees ‘At Rapid Pace’ first appeared on Mediaite.

During an interview with Fox News’ Brian Kilmeade , Secretary of State Marco Rubio said Nicolás Maduro is seen as a “horrible dictator who is instilling all kinds of instability.” And asked if Maduro “should go” and “leave,” Rubio suggested that there still is a path to remove the leader — whose election the United States disputes — from power.

“We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement,” Trump wrote. Trump's post did not specifically mention ...

President Donald Trump said he plans to revoke Chevron Corp.’s oil license to operate in Venezuela, threatening to torpedo the nation’s slow economic recovery.

The Trump administration is giving Chevron Corp. one month to stop producing oil in Venezuela, delivering a heavy blow to Nicolas Maduro’s autocratic regime. The U.S. Treasury set an April 3 deadline for the oil major to wrap up operations,

President Donald Trump said Wednesday he is revoking the license that allows the Venezuelan government to export oil to the United States, claiming that the South American country has failed to take back Venezuelan deportees from the U.

The Trump administration’s decision to revoke the licenses allowing Chevron and other international companies to produce oil in Venezuela is likely to have a debilitating impact on the Caracas regime’s finances and limit the ability of strongman Nicolás Maduro to keep his ruling coalition together.