Overview

• The administration is considering a six-month license for Chevron to produce and export Venezuelan oil to the United States.
• New authorizations would let energy firms pay oilfield contractors and import critical equipment to maintain operations.
• The license would include binding safeguards to ensure no cash flows directly to Maduro’s regime.
• The discussions follow this month’s U.S.-Venezuela prisoner swap and reflect concerns over China’s growing role in Venezuelan crude shipments.
• Final scope and approval remain subject to Secretary of State Marco Rubio’s sign-off and could be altered before issuance.