US reimposes oil sanctions against Venezuela over election concerns
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US reimposes sanctions on Venezuela as hope for democracy crumbles
Relief had been granted after president Nicolás Maduro promised to hold free and fair elections this yearThe Biden administration has reimposed crushing oil sanctions on Venezuela, admonishing the president Nicolás Maduro’s attempts to consolidate his rule just six months after the US eased restrictions in a bid to support now fading hopes for a democratic opening in the Opec nation.A senior US official, discussing the decision with reporters, said any US company investing in Venezuela would...
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US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly
(Bloomberg) — President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela, ending a six-month reprieve, if Nicolas Maduro’s regime does not take steps in the next two days