Wednesday, February 11, 2026 at 12:35 AM
The Trump administration put out a new general license authorizing equipment and technology transactions.
The Treasury Department issued licenses Friday for oil companies including Chevron and certain European rivals to operate in the country.
The Trump administration, which has cut off flows of oil, can target money transfers, goods and flights off the island.
Chris Wright said “enormous progress” is being made on crude production.
Florida energy mogul Harry Sargeant III has been eyeing the country’s reserves for years. He’s on the cusp of the windfall of a lifetime.
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