The policy reversal is a big win for Chevron, which has lobbied hard to have its licence restored, arguing China and Russia would gain influence in the oil-producing nation — and the western hemisphe...

Trump revoked Chevron's ( NYSE: CVX) Biden-era license to pump oil in Venezuela earlier this year, a move that was supported by hard-line critics of Maduro's government, including Rubio, but Chevron ...