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WH may reverse decision to kill Biden-Maduro oil deal, apply tariffs instead to avoid hurting US firms [FOX News]

Chevron Corporation (CVX) More Company Research Source: FOX News

Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report

US:NYSE Investor Relations: chevron.com/investors

President Donald Trump has signaled an openness to holding off on killing an oil deal forged between former President Joe Biden and Venezuelan dictator Nicolás Maduro , after he previously ordered Chevron and other U.S. firms to close up shop in oil-rich Venezuela. Several Cabinet secretaries, including the Department of Energy's Chris Wright, the Department of the Interior's Doug Burgum and the Department of Commerce's Howard Lutnick, were present during a meeting at the White House yesterday, which also featured several oil executives and representatives of energy advocacy groups. A source familiar with the events told Fox News Digital there was a brainstorming session as to how best to deal with Maduro and also help grow U.S. energy dominance and strengthen U.S. oil firms. Trump reportedly explored ways to incentivize oil imports that would align with U.S. foreign policy goals while benefiting American consumers and workers. Lutnick reportedly floated the idea of increasin [Read more]

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