CARACAS, Venezuela (AP) — Things seemed to be looking up for Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolás Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump and export Venezuelan oil.
US rejects Venezuelan President Maduro’s reelection, but keeps financial lifeline for his government
