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Trump Expands Venezuela Sanctions to Force Out Foreign Oil Companies

  • The Trump administration will enforce new restrictions on oil companies in Venezuela, including Etablissements Maurel & Prom SA, requiring them to cease operations within 30 days once sanctions waivers are revoked.
  • Venezuelan Vice President Delcy Rodríguez called Trump's sanctions decision "harmful and inexplicable" while seeking investments from Turkey and India.
  • Economic experts warn that ongoing sanctions may lead to increased inflation and currency devaluation for Venezuela, potentially exacerbating migration toward the United States.
  • Secretary of State Marco Rubio is reportedly driving the sanctions policy, aiming to weaken Maduro's government despite its potential economic repercussions for U.S. Consumers.
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venezuelanalysis.com broke the news in on Sunday, March 9, 2025.
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