Trump, Venezuela
Digest more
Secretary of State Marco Rubio pushed back against criticism that a massive oil deal with Venezuela has weakened the Trump administration’s commitment to restoring democracy there. In an interview with Fox News aired Wednesday,
Chevron said it plans to invest more than $7 billion in Venezuela over the next five years and hopes to double its current production there to about 600,000 barrels a day.
Democratic Florida U.S. Senate candidate Angie Nixon accused President Donald Trump on Monday of pushing communism through his new Venezuela oil deal.
It was “never the intention” to take US government stakes in private companies, one former Office of Strategic Capital official said.