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Attempted Regime Change in Venezuela Incoming? Trump Cancels Chevron’s Oil License. “US Does No Need Venezuelan Oil”

By Timothy Alexander Guzman

Back in 2023, Trump was speaking at a press conference in North Carolina and said,

“When I left, Venezuela was ready to collapse. We would have taken it over; we would have gotten all that oil.”

Trump’s Secretary of State, Marco Rubio, who is a neocon warmonger is most likely leading the charge for either some sort of regime change or even a military intervention in Venezuela. In just over a month, Trump has taken action to squeeze Venezuela’s economy. As we all know, Venezuela has plenty of oil and the US government wants to control it now before the big war starts in the Middle East. The US military is one of the largest consumers of oil in the world, because it needs oil for all their vehicles, tanks, fighter aircraft and naval ships. 

Reuters reported that

“U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron (CVX.N), opens new tab to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.”

Trump has been adamant about taking control of Venezuela’s oil since he was first elected, “In a post on Truth Social, Trump said he was “reversing the concessions” of the “oil transaction agreement, dated November 26, 2022” that was when Biden decided to grant Chevron a license to operate in Venezuela.  Venezuelan Vice President Delcy Rodriguez highlighted a fact on Venezuelan migration to the US when she said that

“The U.S. government has made a damaging and inexplicable decision by announcing sanctions against the U.S. company Chevron” She continued “these kinds of failed decisions had prompted migration out of Venezuela.” 

The report also said that

“U.S. Secretary of State Marco Rubio later said on X he will provide foreign policy guidance to terminate all Biden-era oil and gas licenses “that have shamefully bankrolled the illegitimate Maduro regime.”

Chevron imports more than 240,000 barrels per day of crude from Venezuela.

However, Trump’s reckless policies prove his appetite for regime change in Venezuela.  Trump claims the US don’t need Venezuela’s oil,

“Since his return to office in January, Trump has repeatedly said the U.S. does not need Venezuelan oil and left open the possibility of revoking Chevron’s operating license.”

Trump implemented “maximum pressure” sanctions policy against Venezuela in his first term.  Biden was also on the same path as Trump when he “reinstated broad oil sanctions, saying Maduro failed to keep his electoral promises” but he did not cancel Chevron’s license. 

Trump’s team is itching to overthrow Maduro’s government.  But rest assured, Venezuela will resist any attempt by Washington regardless of the sanctions designed to cripple their economy.  This is just one more reason for the Venezuelan government to join BRICS.  Once that happens, Trump’s future sanctions on Venezuela will be useless, just ask Russia who is the most sanctioned country on earth, yet economically speaking, they are moving towards a much better future for their citizens with economic partnerships with other BRICS nations making the Western world unfortunately, irrelevant.

Timothy Alexander Guzman writes on his own blog site, Silent Crow News, where this article was originally published. He is a regular contributor to Global Research.

28 February 2025

Source: globalresearch.ca

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