Explainer: Why Chevron still operates in Venezuela despite US sanctions

Chevron’s continued presence in Venezuela looks like an anomaly amid intensifying US sanctions. In fact, the contradiction is rooted in selective enforcement to maintain leverage over Caracas, as well as decades of oil politics.

Explainer: Why Chevron still operates in Venezuela despite US sanctions
Chevron’s continued presence in Venezuela looks like an anomaly amid intensifying US sanctions. In fact, the contradiction is rooted in selective enforcement to maintain leverage over Caracas, as well as decades of oil politics.

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