Rubio Says US Should Reconsider Chevron’s Deal in Venezuela (1)

Jan. 16, 2025, 12:42 AM UTC

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.

The Biden administration “got played” in negotiations with Venezuelan President Nicolas Maduro that encouraged him to hold elections in return for granting oil licenses, Rubio said during his Senate confirmation hearing Wednesday. The elections turned out to be “completely fake” while Maduro “leveraged migration against us to get those concessions,” he said.

“Now they have these general licenses where companies like Chevron are actually providing billions of dollars of money into the regime’s coffers, ...

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