U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain's foreign minister promised to defend Repsol's interests.

A Repsol-chartered suezmax has reportedly scrapped a call in Venezuela after the US government revoked more oil export licences. The Trump administration has pulled deals involving Spanish energy company Eni in Italy and France’s Maurel & Prom (M&P) to operate in and ship crude from the South American country.

A Repsol representative said to Reuters on Monday that the US government has canceled the company's authorization to import oil from the South American country.