The Trump administration is giving Chevron Corp. one month to stop producing oil in Venezuela, delivering a heavy blow to Nicolas Maduro’s autocratic regime. The U.S. Treasury set an April 3 deadline for the oil major to wrap up operations,

The US administration of Donald Trump is giving Chevron Corp one month to stop producing oil in Venezuela, delivering a heavy blow to president Nicolas Maduro's autocratic regime.

President Donald Trump announced Wednesday that in March Chevron will no longer have a license to produce and export oil in Venezuela.