In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.

President Nicolás Maduro of Venezuela aimed for a democratic election amid US economic sanctions, offering Chevron a permit to export Venezuelan oil. Despite an unfair election and criticism, oil revenues have bolstered Venezuela's economy.

Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions.

The Biden administration’s shift to a more pragmatic and strategic approach to Venezuela’s opposition has allowed for the recognition of opposition leaders and the imposition of

Chevron Corp. presentó declaraciones de impuestos por valor de unos US$300 millones al gobierno venezolano el año pasado, lo que plantea interrogantes sobre cuánto se está beneficiando el presidente Nicolás Maduro de la producción petrolera de la compañía estadounidense a pesar de las sanciones.

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.Most Read from BloombergThese Homes Withstood the LA Fires.

The US ruling class is approaching a consensus on the use of further economic devastation and potentially military force to oust Maduro and secure control over the world’s largest oil reserves.

Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions.

Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolas Maduro had agreed to work toward a democratic presidential election.

CARACAS, Venezuela (AP) — Venezuela’s foreign minister on Monday accused opponents of President Nicolás Maduro as being linked to damages at the country’s diplomatic facilities in five nations.

Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for lack of fairness.

Puerto Rico Gov. Jenniffer González-Colón asked President-elect Trump to take action after Venezuela's Nicolás Maduro threatened an invasion.