According to The Kobeissi Letter, the Biden Administration has secretly allowed Chevron to pay hundreds of millions of dollars to the Venezuelan government. This arrangement purportedly helps Chevron remain in compliance with US law while allowing payments of taxes and oil royalties to the Maduro government, as reported by Bloomberg. This development could impact Chevron's stock ($CVX) and its trading activities by influencing investor perceptions of geopolitical risks and regulatory compliance.

According to The Kobeissi Letter, the Biden Administration has allowed Chevron (symbol: $CVX) to pay hundreds of millions of dollars to the Venezuelan government, as reported by Bloomberg. This arrangement purportedly keeps Chevron in compliance with US laws while enabling the payment of taxes and royalties to the Maduro regime. This development could impact Chevron's stock performance and influence investor sentiment due to political and operational risks associated with Venezuelan dealings.