Chevron Expands in Venezuela Amid Tensions | Miami News

Chevron is stepping up in Venezuela as Trump’s oil deal unfolds — no direct U.S. oil, but a passive partnership with North American Blue Energy Partners to unlock reserves and boost production, all under the “replace conflict with commerce” banner. Yet, legal clouds loom: Venezuela’s constitution demands National Assembly approval, which hasn’t happened, and future governments could void the pact. Meanwhile, Middle East tensions spike gas prices past $4 a gallon, straining wallets nationwide. Treasury Secretary Bessent insists inflation’s under control, blames Biden for price woes, credits Trump for wage gains — and confidently bets Chevron’s Venezuelan play will lower costs for Americans. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/adf43b3030ffe9e5