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Venezuelan Opposition Urges U.S. To Cancel Chevron Licenses

Gas is flared at the Jose Antonio Anzoategui oil complex in Barcelona, Anzoategui State, Venezuela, Tuesday, Jan. 9, 2024. (AP Photo/Matias Delacroix, File)

In a recent development, Venezuela's main opposition coalition has urged the United States to revoke the licenses that permit Chevron and other energy firms to operate in the country. The goal behind this call is to exert pressure on President Nicolás Maduro to engage in negotiations for a transition of power.

The opposition's plea was made during a panel discussion hosted by the Council of the Americas business organization. The adviser to the opposition campaign emphasized the significance of canceling these licenses, referring to them as a crucial lifeline for the current regime in Venezuela.

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