Maria Corina Machado, the most prominent figure in the country’s opposition movement, argued the measures are needed to stop government repression.

U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.

President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.

President Donald Trump’s announcement marked an abrupt reversal of his administration’s outreach to Venezuela’s Nicolás Maduro.

U.S. President Donald Trump's cancellation of licenses for foreign oil companies to operate in sanctioned Venezuela will reduce the dollars on offer in the country's exchange market, stoking depreciation of the local bolivar currency and prices,

Florida Congressman Carlos Gimenez on Thursday joined Venezuelan community leaders in Miami to speak out in support of the Trump administration's efforts to keep up the pressure on Venezuela.

The move appeared to end Chevron’s work in the oil-rich country and was prompted by what the president said was a failure to accepted deportees.

After President Donald Trump nixed an oil deal between the U.S. and Venezuela forged by the Biden administration, Rep. Carlos Gimenez, R-Fla., headlined a conference with Venezuelan opposition leader Juan Guaidó in Miami.