Oil prices jumped Thursday as traders assessed the impact of potential tariffs on Canadian oil imports after President Trump said levies against Canada and Mexico would go into effect next week, adding to supply worries following the announced cancelation of Chevron's license to operate in Venezuela.

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While portrayed by the Trump administration as hardened criminals, the Venezuelans returning to their home country in the deportation flights from the United States and Mexico are being welcomed back

The move, carrying out a Jan. 20 executive order by President Donald Trump, names Tren de Aragua in Venezuela, MS-13 in El Salvador and six groups based in Mexico.

Mexico’s Sinaloa and Jalisco Cartels, Venezuela’s Tren de Aragua and the Salvadoran gang Mara Salvatrucha are on the list.

In its first month, the Trump administration has reached deals with Mexico, Guatemala, El Salvador, Honduras, Costa Rica and Panama to act as stopovers or destinations for migrants expelled from the U.S. It has brokered deals with Venezuela to pick up its people in Texas, Guantanamo Bay, Cuba and Honduras.

Caracas has rejected Washington’s narratives criminalizing migrants and denied that returned nationals belong to Tren de Aragua.