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Trump administration tightens grip on Venezuelan oil with new OFAC license and tariffs
Trump administration tightens grip on Venezuelan oil with new OFAC license and tariffs
  • OFAC's License No. 41B permits Chevron to wind down operations in Venezuela until May 2025.
  • President Donald Trump announced a 25% tariff on countries purchasing Venezuelan oil.
  • The new regulations might complicate international trade with Venezuela's oil.
March 24, 2025
Trump announces 25% tariff on countries buying Venezuelan oil and gas
Trump announces 25% tariff on countries buying Venezuelan oil and gas
March 24, 2025
Trump considers extending Chevron’s Venezuela oil license amid tensions: here’s what we know
Trump considers extending Chevron’s Venezuela oil license amid tensions: here’s what we know
March 20, 2025

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Colombia’s Ecopetrol says it will not do business with Venezuela following US OFAC restrictions
Colombia’s Ecopetrol says it will not do business with Venezuela following US OFAC restrictions March 6, 2025
US orders Chevron to halt Venezuela operations in 30 days
US orders Chevron to halt Venezuela operations in 30 days March 5, 2025
Why Chevron may negotiate new crude export deal with Venezuela?
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Trump says he’s ‘examining’ Chevron’s license in Venezuela: here’s why
Trump says he’s ‘examining’ Chevron’s license in Venezuela: here’s why February 19, 2025
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Exxon, Chevron absent from Global Methane Reduction Fund
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ExxonMobil, Chevron stock price outlook amid an FTC probe push November 1, 2023
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