While Washington was arguing over the viability of President Trump’s proposal to annex Greenland, Venezuelan dictator Nicolás Maduro held a sham inauguration in Caracas for his third term in power and threatened to invade Puerto Rico.

Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás Maduro is benefiting from the US company’s oil production in spite of sanctions.

However, their simplistic argument does not withstand scrutiny. Evidence shows that U.S. sanctions significantly contributed to Venezuela’s economic implosion, while the easing of sanctions in recent years has been associated with a moderate economic recovery that has helped alleviate the worst of the country’s economic crisis.

Maduro took office last week for a third consecutive term. Now, he’s consolidating his position as dictator Nicolás Maduro has now been in power in Venezuela since 2013 – gradually usurping power over the past twelve years until becoming a full dictator.

President Nicolás Maduro of Venezuela aimed for a democratic election amid US economic sanctions, offering Chevron a permit to export Venezuelan oil. Despite an unfair election and criticism, oil revenues have bolstered Venezuela's economy.

Caracas, January 19 (RHC)-- Despite the illegal sanctions that the U.S. Treasury Department maintains against Venezuela, Chevron Corp. (CVX), a U.S. oil company, filed tax returns for about 300 million dollars to the Bolivarian government last year, as reported by Bloomberg News this week.

Chevron Corp. presentó declaraciones de impuestos por valor de unos US$300 millones al gobierno venezolano el año pasado, lo que plantea interrogantes sobre cuánto se está beneficiando el presidente Nicolás Maduro de la producción petrolera de la compañía estadounidense a pesar de las sanciones.

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.

Chevron (NYSE:CVX) filed tax returns worth $300M with the Venezuelan government last year, saying in March 2024 that its ventures owed 8.1B bolivars to the country's tax agency, Bloomberg reported Thursday.

Chevron filed documents saying its ventures in Venezuela owed 8.1 billion bolivars to Seniat, Venezuela’s tax agency, in March 2024 under its registered name in the country, Chevron Global ...

Rubio, considered a shoo-in to be confirmed as incoming President Trump's secretary of state, criticized "general licenses where companies like Chevron are actually providing billions of dollars of money into the regime's coffers, and the regime kept none of the promises that they made... so all that needs to be re-explored."

The Biden administration’s shift to a more pragmatic and strategic approach to Venezuela’s opposition has allowed for the recognition of opposition leaders and the imposition of