US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades
- The Biden administration is considering reimposing oil sanctions on Venezuela due to concerns over President Maduro's failure to fulfill election promises.
- Reuters reports that the U.S. is close to reinstating oil sanctions on Venezuela.
- Despite some efforts from Maduro, the U.S. is unlikely to extend sanctions relief, marking a significant shift in Biden's policy towards Venezuela.
53 Articles
53 Articles
US reimposes Venezuela oil sanctions over election concerns
The United States said it will snap back sanctions on Venezuela’s crucial oil industry after President Nicolas Maduro’s government continued its repression of opponents.
Venezuela’s opposition is facing political repression ahead of the elections, and the US is therefore targeting the country’s most important economic sector.
US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades
The Biden administration has announced the reinstatement of oil sanctions on Venezuela, citing President Nicolas Maduro's efforts to solidify his power. This move comes just six months after the U.S. had eased restrictions in hopes of promoting democratic reforms in the OPEC nation. A senior U.S. official revealed that American companies operating in Venezuela will have 45 days to wrap up their operations to prevent disruptions in global energy m
The president of Brazil, Luiz Inácio Lula da Silva, ratified this Wednesday the rejection of the sanctions imposed by the United States (USA) against Venezuela, damaging sectors such as oil and gas, government interlocutors said. ALSO READ: President of the AN of Venezuela: The US violates its agreements During a private meeting with his Colombian counterpart Gustavo Petro, as it became known, the president asserted that Brazil does not agree w…
Some of the sanctions imposed by the United States were lifted last October when Maduro promised the country would hold free presidential elections in 2024.
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