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flag Former President Trump revoked Chevron's permit to export Venezuelan oil, hitting the country's economy hard.

flag Former President Donald Trump announced the termination of a permit allowing Chevron Corp. to export oil from Venezuela, citing Venezuela's failure to meet electoral reforms and repatriate migrants. flag The permit, issued in 2022 under the Biden administration, had allowed Chevron to produce roughly a quarter of Venezuela's oil. flag Trump's move is seen as a significant blow to Venezuela's struggling economy.

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