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Maduro, 62, has been in power since 2013, and the new sanctions come little more than a week before U.S. President Joe Biden will end his term and be succeeded by Donald Trump on Jan. 20.
The Biden administration announced a slew of new sanctions against allies of Venezuelan President Nicolás Maduro in opposition to his claim of election victory, calling his Friday inauguration ...
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Friday slapped a new round of sanctions on the Maduro regime, this time targeting "officials who lead key economic and ...
The sanctions target 21 individuals, including 15 leaders of the Bolivarian National Guard, Bolivarian National Police, the… US issues new sanctions on Maduro allies in Venezuela over fraudulent ...
The White House believed partial sanctions relief and dialogue with Maduro could lead to democratic reforms. This approach assumed Maduro could be coaxed into holding free and fair elections.
However, there are questions about the effectiveness of such individual sanctions, given that Washington has already targeted more than 140 Venezuelan officials, including Maduro himself in 2017 ...
OPEC-member Venezuela is one of Latin America's major oil producing countries, but its crude output has fallen sharply during Maduro's more than decade in power, mostly due to under-investment as ...
Biden's administration has kept most sanctions in place in an effort to force Maduro to take concrete steps toward free elections, holding out sanctions relief as an enticement and drawing ...