Chevron Expands Operations in Venezuela Amid Trump Deal Controversy

Oil giant Chevron has confirmed it will expand its operations in Venezuela, despite controversy surrounding President Donald Trump's deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.

The expansion comes as a surprise given the current state of Venezuela's oil industry, which is struggling due to U.S. sanctions and internal turmoil.

Trump's deal aims to tap into Venezuela's massive oil reserves, with the Pentagon set to receive a share of the profits. However, critics argue that this move could further destabilize the country and undermine efforts to restore democracy.