Venezuela has suspended oil shipments to the American company Chevron.

Venezuela has suspended oil shipments to the American company Chevron.

Venezuela has stopped shipping oil to the American company Chevron. The shipments were managed by the state-owned company PDVSA. This is a response to Trump’s sanctions. The suspension followed Trump’s imposition of tariffs on buyers of Venezuelan oil, explains https://xrust.ru/. The suspension of shipments is also due to the cancellation of licenses for several PDVSA clients. The U.S. Treasury Department gave companies until May 27 to wind down operations and conclude purchases. Chevron had been exporting approximately 250,000 barrels of Venezuelan crude oil daily to the U.S. under its license. Earlier in April, Washington imposed a 25% tariff on buyers of Venezuelan oil and gas. According to experts, this measure could hit China the hardest. The Venezuelan government considers Trump’s actions an economic war.

https://xrust.ru/news/311048-venesujela-priostanovila-otgruzku-nefti-amerikanskoj-chevron.html