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Weekly Report - 13 March 2025 (WR-25-10)

VENEZUELA: Maduro hits back at Chevron withdrawal order

Venezuela’s government is warning that it will cease its cooperation with US President Donald Trump’s deportation programme in response to a 4 March order by the Office of Foreign Assets Control (Ofac), which gave the oil firm Chevron one month to wind down its Venezuela operations [WR-25-09]. The revocation of Chevron’s special licence, which exempted it from sanctions on Venezuela’s oil sector, dashed hopes in Caracas that Trump’s focus on migration could create opportunities for President Nicolás Maduro’s government.

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