2 weeks Ago By ARA
US President Donald Trump has notified partners of the Venezuelan state oil company PDVSA, including Repsol, that he has revoked their permits to export crude oil and derivatives from Venezuela, according to the Efe news agency. The measure, which terminates licenses granted during the term of his predecessor, Joe Biden, comes just days after Trump himself announced 25% tariffs on all countries that purchase oil or gas in Venezuela, which are due to take effect next Wednesday. In early March, Trump already terminated the license that allowed the US oil company Chevron to operate in Venezuela, giving it a month, until April 3, to complete its operations in the South American country.
Earlier, at the end of February, the US president had already announced that he would terminate licenses to export oil from Venezuela. This revocation also affects the US company Global Oil Terminals, the Italian company Eni, the French company Maurel & Prom, and the Indian company Reliance Industries. [We are working to expand this information].
