Overview
- Treasury issued two general licenses allowing Chevron, Eni, Repsol, BP and Shell to invest, produce and trade Venezuelan hydrocarbons, and to conduct ordinary transactions tied to ports and airports.
- The authorizations require contracts governed by U.S. law, disputes handled in U.S. courts and payments routed to Treasury‑designated accounts to prevent direct benefit to sanctioned actors.
- U.S. officials say proceeds from Venezuelan oil sales managed under the new framework are being transferred to the interim government recognized by Washington, with oversight maintained pending a representative government.
- About six metric tons of U.S. medicines and medical supplies arrived at Maiquetía, received by U.S. diplomat Laura Dogu and Venezuelan diplomat Félix Plasencia, and the State Department called it the first shipment in a broader effort without detailing the financing.
- President Donald Trump said he will visit Venezuela and affirmed formal recognition of Delcy Rodríguez as interim president, while Energy Secretary Chris Wright toured Orinoco operations and projected Chevron could lift output to roughly 300,000 barrels per day.