The United States, under the Trump administration, has authorized Chevron to resume oil extraction operations in Venezuela, marking a notable shift in U.S.-Venezuela relations. This new authorization differs from the previous license that expired on May 27 and is viewed as part of a broader strategy to reduce China's influence in Venezuela's oil sector. Chevron is expected to pay the Venezuelan government in oil rather than cash for its production. Venezuelan President Nicolás Maduro has welcomed the return of Chevron, framing it as a diplomatic victory amid increasing international isolation. Meanwhile, opposition leader Henrique Capriles described the reactivation of Chevron's license as positive for the country, transcending political divisions. Reports indicate that Venezuela's state oil company PDVSA is preparing to restart operations with its joint ventures under terms similar to those during the Biden administration. The license renewal follows Maduro's release of ten U.S. prisoners, which reportedly influenced the decision. Analysts note that U.S. Secretary of State Rubio, regarded as knowledgeable on the Venezuelan regime, played a key role in the approval. The move has sparked debate about the legitimacy it may confer on the Venezuelan government, especially in the context of upcoming municipal elections.