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Latin Times
Latin Times
Politics
M.B. Mack

Trump Revokes Venezuela Oil Licenses, Claims 'Regime' Is Not Taking Back 'Violent Criminals' At The 'Rapid Pace They Agreed To'

Joe Biden Donald Trump Venezuela Oil Nicolás Maduro Chevron
National Latino leaders gathered outside Capitol Hill Wednesday to map out their frustrations and next steps amid Trump's controversial policies. (Credit: Getty Images)

President Donald Trump announced that he is reversing oil-related concessions granted to Venezuela by the Biden administration, citing the "regime" is not taking back "violent criminals" at the agreed-upon speed.

In November 2022, the Biden administration eased oil sanctions on Venezuela, allowing Chevron to resume limited oil extraction in the country, according to Reuters. This move was part of a broader diplomatic effort to encourage democratic reforms in Venezuela and facilitate humanitarian aid.

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