Trump Shuts Down Chevron's Venezuela Oil Permit, Tightening Pressure On Maduro Regime: Crude Oil Prices Rise On Supply Concerns

U.S. President Donald Trump has terminated an oil agreement with Venezuela, revoking a license previously granted to Chevron Corp (NYSE:CVX) by former President Joe Biden. What Happened: Trump took to his Truth Social to announce the cancellation of Chevron’s Venezuela operations on Wednesday.…