US ties renewal of easing of Venezuela oil sanctions to progress on elections
- The United States will only extend sanction relief for Venezuela if fair elections commitments are met by the Maduro government.
- A State Department speaker stated that if progress is not made, the license will not be renewed after April 18, 2024.
- The U.S. sets a condition for Venezuela to meet commitments for sanction relief extension.
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9 Articles
On Monday, the US announced its decision not to extend General License 44, a temporary measure that was providing relief to sanctions in Venezuela's oil and gas sector. Despite talks between Venezuelan and American officials last week, no significant progress was made to reduce the differences, according to a Reuters quoted US State Department spokesman.
Biden under fire for shutting down US oil production, urged to impose sanctions on Venezuela
FIRST ON FOX: Senate Republicans are calling on President Biden to revoke sanctions relief for Venezuela over the nation's apparent violation of an agreement with opposition leaders.
Venezuela Oil Production Grew 18% After Biden Sanctions Relief
The ruling socialist regime in Venezuela documented an 18-percent increase in oil output in the first trimester of 2024 when compared to the same period in 2023, according to information published by the Organization of the Petroleum Exporting Countries (OPEC) in its latest April 2024 report. The post Venezuela Oil Production Grew 18% After Biden Sanctions Relief appeared first on Breitbart.
U.S. Will Only Extend Venezuela Sanction Relief if Progress Is Made on Elections
The United States will only extend a sanction relief regime for Venezuela if the Maduro government makes progress on commitments undertaken last year to ensure fair elections. This is according to a Reuters report that quoted a State Department speaker who said "Absent progress by Maduro and his representatives in terms of implementing the road map’s provisions, the United States will not renew the license when it expires on April 18, 2024." The…


US ties renewal of easing of Venezuela oil sanctions to progress on elections
WASHINGTON/HOUSTON - The U.S. will not renew a temporary license that widely eased sanctions on Venezuela's oil and gas sector unless progress is made by President Nicolas Maduro on commitments for free and fair elections this year, a State Department spokesperson said on Monday, three days before the license is to expire. Read more at straitstimes.com.
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