Chevron regains license to operate in Venezuela as Trump shifts foreign policy, despite criticism from Secretary Rubio and concerns about benefiting Maduro's government.

The Trump administration revoked Chevron’s Biden-era license to pump oil in Venezuela earlier this year. The move was championed by hard-line critics of Maduro’s government, including Rubio and key Florida Republicans in Congress, whose support Trump needed for his domestic policy package.

The customized tariff rates were slated to take effect on April 9, but then got delayed 90 days and then postponed again until Aug. 1.

The Trump administration had canceled Chevron’s license soon after taking office, charging the Maduro government was slow to take back deported Venezuelans.

President Trump has launched a sweeping campaign to dismantle renewable energy progress in the U.S., favoring fossil fuels and imposing new restrictions that threaten solar and wind development.

The Trump administration this year revoked Chevron's Biden-era license to pump oil in Venezuela, saying that Maduro was not legitimately elected and had refused to accept deportation flights, the Wall Street Journal reported. The move was championed by critics of Maduro's government, including Rubio.

Trump's proposed 30% tariffs on EU imports could significantly increase olive oil costs for American consumers who rely heavily on Mediterranean suppliers.

Venezuela oil license, The Wall Street Journal reported Thursday, following recent discussions involving President Trump and Secretary of State Rubio and last week’s prisoner swap that released all 10 remaining Americans who were detained by the Venezuelan government.

The boss of Spanish company Deoleo, the world's largest olive oil producer, has said that U.S. President Donald Trump's proposed tariffs on the European Union would result in American consumers paying higher prices for the key commodity.

The leading role the former “first buddy” took in stoking the Epstein controversy shows how he remains a potent political risk for Trump months after he publicly left the White House.