News World

US allows oil company Chevron to resume some activity in Venezuela: official

Oil rises on fresh Middle East fears, equities advance
Source: Pixabay

The United States eased oil-related sanctions against Venezuela Saturday as the President Nicolas Maduro’s government and the opposition announced a humanitarian agreement on education, health and other social issues.

The Treasury Department said it would allow Chevron to resume limited oil extraction operations in Venezuela.

Tags

About the author

AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.







Daily Newsletter