Trump Considers Curtailing Venezuelan Oil Exports

U.S. President Donald Trump announced considerations on curbing Venezuelan oil exports via corporations like Chevron, signaling a potential policy shift. In response to reporters’ inquiries, Trump hinted at the possibility, reflecting ongoing deliberations within the administration on this matter.


Devdiscourse News Desk | Washington DC | Updated: 19-02-2025 03:39 IST | Created: 19-02-2025 03:39 IST
Trump Considers Curtailing Venezuelan Oil Exports
Donald Trump
  • Country:
  • United States

U.S. President Donald Trump has signaled a potential shift in policy regarding Venezuelan oil exports. On Tuesday, he indicated that his administration might not permit the exportation of oil and petroleum products through companies such as Chevron.

When questioned by reporters on whether he would allow Venezuela to continue these exports, Trump responded, "maybe not," suggesting that the decision is still under consideration.

These remarks come amid a broader exploration of potential adjustments to current U.S. policy as it pertains to Venezuela's oil industry.

(With inputs from agencies.)

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