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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 ...
An announcement of U.S. sanctions relief could come shortly after Maduro signs a deal with Venezuela’s unitary platform, an alliance of opposition parties that have called for free elections for ...
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 ...
Washington, which rejected Maduro's 2018 reelection as a sham, broadly eased sanctions on Venezuela's oil industry last October in response to a deal between Maduro and opposition parties.
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.
Venezuelan strongman Nicolás Maduro released five political prisoners Wednesday night, a few hours after the U.S. government announced it will partially lift sanctions on the country’s ...
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.