President Trump said Wednesday that he’s canceling a Biden-era economic reprieve for Venezuela — a move that will cause Caracas to lose roughly 34% of its oil export market. “We are hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro,

President Donald Trump revoked a license granted to Chevron by his predecessor, Joe Biden, two years ago. Trump announced the decision in a late Wednesday post on Truth Social. The decision comes as Trump accuses Venezuelan President Nicolás Maduro of failing to make the necessary headway on election changes and migrant returns.

President Donald Trump announced that the U.S. is terminating concessions given to Venezuela for a Biden-era oil agreement. The post Trump Terminates Biden-era Oil Deal With Venezuela For Not Transporting Deportees ‘At Rapid Pace’ first appeared on Mediaite.