Chevron Expands Operations in Venezuela Amid Controversial Deal

Chevron has confirmed that it will expand its operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation's oil reserves.

The deal, which includes giving the Pentagon a stake in the profits, is expected to boost Chevron's presence in the country.

Chevron's expansion in Venezuela comes as the country struggles to recover from economic turmoil and sanctions imposed by the US government.