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Stockreport

Putin, Maduro Vow To Boost Ties In Wake Of Trump Sanctions [Barron's]

Chevron Corporation (CVX)  More Company Research Source: Barrons
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
In a video call with his Venezuelan counterpart that was broadcast by Venezuelan state TV, Russia's President Vladimir Putin said the two countries were "strategic partners" and plan to expand ties. Venezuela's Nicolas Maduro, whose claim to have won a third term in July 2024 elections has been rejected by much of the international community, said the two countries had taken their ties "to the highest level in several domains," including energy cooperation. Last month, US President Donald Trump revoked a sanctions waiver permitting Chevron to operate in Venezuela, removing a crucial source of revenue for the country's sanctions-hit economy. Trump accused Maduro of failing to live up to his promise to a US envoy, who visited Caracas in January, to take back deported Venezuelans. The envoy's visit had been welcomed by Maduro's authoritarian leftist administration as a sign of a possible reset of relations with Washington under Trump's second presidency after years of tensions. [Read more]
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