Chevron expands Venezuela footprint as Trump advances oil deal

Chevron says it will expand its Venezuela operations by adding acreage in the Orinoco Belt and investing over $7 billion over five years to more than double output to about 600,000 barrels per day, aligning with Trump’s plan to develop Venezuela’s oil reserves and give the Pentagon a stake in profits; the live update also covers Canadian-U.S. trade tensions and a record-high public perception of government corruption in a Gallup poll, among other political and economic news.