Trump is reportedly moving to allow Chevron to resume oil operations in Venezuela, according to Benzinga. The decision reverses an earlier policy and softens his stance toward President Nicolás Maduro’s regime. The decision follows a prisoner swap with Caracas and a meeting at the White House with Senator Marco Rubio and Ric Grenell, according to The Wall Street Journal. During the meeting, Trump recognized Rubio's opposition to Maduro but emphasized prioritizing American companies for access to Venezuela's oil. Chevron would be allowed to operate in Venezuela without paying royalties or taxes to Maduro's government, though full deal terms remain unclear. A State Department official said the U.S. will prevent Maduro from profiting, aligning with Rubio’s push to end deals that benefit the regime. The company's shares rose 0.07% to $155.94 in after-hours trading.
