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Even as the U.S. unveiled new sanctions, it stopped short of withdrawing previous U.S. authorizations to U.S. oil giant Chevron and several other companies for Venezuela operations.
Maduro was sworn in as president of Venezuela on Friday by National Assembly leader Jorge Rodríguez, expanding the rift… US hits Venezuela with new sanctions after Maduro’s ‘illegitimate ...
The sweeping sanctions on Venezuela's oil industry were first imposed by the Trump administration in 2019 following Maduro's re-election victory, which the U.S. and other Western governments rejected.
In 2021, the US Government Accountability Office concluded that sanctions "likely contributed to Venezuela's economic decline". The report said that as a result of sanctions, Venezuela is selling less oil, at a higher cost and a lower price. [283] In 2023, Al Jazeera wrote that the sanctions had affected citizens.
MEXICO CITY (Reuters) - Venezuela on Saturday condemned new sanctions that the U.S., Britain, and the European Union imposed the previous day, when the country swore in President Nicolas Maduro ...
The U.S. official insisted the sanctions were an important step in an effort to pressure Maduro to "make better decisions" on Venezuela's political situation before the presidential inauguration ...
The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S. eased ...
As of 2020, Mexico defied the U.S. sanctions by allowing fuel shipments, [213] and in spite of sanctions on both Iran and Venezuela, Iran sent five oil tankers to Venezuela. [214] Venezuela continued to send money [215] and ship petroleum products to ally countries after sanctions were issued.