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Author Topic: Trump Revokes Venezuela Oil License After Maduro Failed To Take Enough Migrants Back  (Read 158 times)

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Offline rangerrebew

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Trump Revokes Venezuela Oil License After Maduro Failed To Take Enough Migrants Back
« on: February 27, 2025, 09:48:05 am »
Trump Revokes Venezuela Oil License After Maduro Failed To Take Enough Migrants Back
 
by Tyler Durden
Wednesday, Feb 26, 2025 - 03:20 PM

President Trump has ordered the termination of a key oil deal with Maduro's Venezuela, announcing in a post on Truth Social that he was "reversing the concessions" of the "oil transaction agreement, dated November 26, 2022."

These were concessions enacted by his Democratic predecessor Joe Biden, which had allowed Chevron Corp - active in the Latin American country for a century - to produce and sell oil in Venezuela despite sanctions.


Via Chevron
"Under the terms of the license, Chevron would have to exit Venezuela by the end of July," Bloomberg reports in the aftermath of the announcement.

Trump's post says: "We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022, and also having to do with Electoral conditions within Venezuela, which have not been met by the Maduro regime."

https://www.zerohedge.com/commodities/trump-revokes-venezuela-oil-license-after-failing-receive-enough-migrants-back
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Offline rangerrebew

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Re: Trump Revokes Venezuela Oil License After Maduro Failed To Take Enough Migrants Back
« Reply #1 on: February 27, 2025, 09:49:03 am »
Doesn't he need a liberal judge to approve his foreign policy decisions first? :whistle:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

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Re: Trump Revokes Venezuela Oil License After Maduro Failed To Take Enough Migrants Back
« Reply #2 on: February 27, 2025, 09:52:30 am »
Quote from: rangerrebew on February 27, 2025, 09:49:03 am
Doesn't he need a liberal judge to approve his foreign policy decisions first? :whistle:

Yeah, who does this Trump guy think he is some kinda dictator?
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