President Donald Trump announced on Feb. 27 that the US government is revoking a special permit granted to energy giant Chevron to pump and export Venezuelan oil. The move, which reverses a 2022 decision by Biden to allow the company [10] to bring Venezuelan oil to US markets by exempting it from economic sanctions, removes [11] one of the South American country's few economic lifelines at a time of deepening crisis [12]. In his post on TruthSocial, Trump claimed that the Venezuelan government had failed to keep up its side of the original bargain to meet "electoral conditions." He also charged [13] that the "regime has not been transporting the violent criminals they sent into our Country...back to Venezuela at the rapid pace that they had agreed to." (NACLA Update [15])
