Chevron is driving Venezuela's oil rebound while China is pulling back. As President Nicolas Maduro's fate grows uncertain, Washington's renewed leverage is reshaping the country's economic and geopolitical future.

The Trump administration on Thursday reportedly renewed a license for oil major Chevron (CVX) to continue pumping oil in Venezuela. According to a Bloomberg report, citing sources familiar with the matter,

Chevron Corp. is currently engaged in talks with the Trump administration over its Venezuelan operations, with Chief Executive Officer Mike Wirth emphasizing that its continued presence there is beneficial to U.

Chevron is flying employees from Caracas to its oil production sites in Venezuela despite a US warning that air travel in the region may be unsafe due to military satellite interference.

US President Donald Trump and Venezuela's Nicolas Maduro are involved in a rapidly escalating conflictImage: Dave Decker/ZUMAPRESS/picture alliance The seizure of what US President Donald

Chevron Corp. is flying employees from Caracas to its oil production sites in Venezuela despite a US warning to operators that air travel in the region may be unsafe due to military satellite interference.

The U.S. ‌government ​carried out its seizure ‌of the M/T Skipper off the coast of Venezuela ​on Wednesday just as a judge-signed warrant was set to expire, according to ‍the document which was ​unsealed on Friday.