Chevron Set To Restart Venezuela Oil Operations After Trump Reversal

U.S. President Donald Trump is pressing ahead with a move to allow Chevron to resume oil operations in Venezuela, reversing a previous policy stance and defying opposition from senior Republicans.

The shift comes after a recent prisoner exchange with Caracas and highlights Trump's focus on securing U.S. access to Venezuela's vast energy reserves.

Citing people familiar with the discussions, the Wall Street Journal noted that Trump met at the White House last week with Senator Marco Rubio, former special envoy Ric Grenell, and other top aides.

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During the meeting, Trump acknowledged Rubio's long-standing opposition to engaging with President Nicolás Maduro's regime but made it clear he wanted American companies to be prioritized for Venezuela's oil.

Days later, a prisoner deal was announced, releasing the final ten detained Americans held by Venezuela.

In a rare moment of gratitude, Maduro this week thanked Trump, Rubio, and Grenell for their roles in the prisoner swap that also allowed more than 250 Venezuelans held in ...