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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.
By Marianna Parraga. HOUSTON (Reuters) - Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to some oil companies that allow ...
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 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 ...
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 for a third term after a ...
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.
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 ...
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.