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Companies in the petroleum sector evaded the sanctions on Venezuela's state-owned oil company, PDVSA, to continue oil shipments. In October 2023, the administration of Joe Biden temporarily lifted some U.S. sanctions on the oil, gas and gold industries in exchange for the promise of the release of political prisoners and free 2024 elections.
The administration of former U.S. president Joe Biden reinstated broad oil sanctions in April after it said Maduro failed to keep promises for a free election. ... The money has lifted Venezuela's ...
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 Biden administration on Wednesday broadly eased sanctions on Venezuela's oil sector in response to a deal reached between the government and opposition parties for the 2024 election - the most ...
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.
The United States partially lifted sanctions against the Nicolas Maduro government on Wednesday, following a deal the socialist regime reached the day before with the Venezuelan opposition setting ...
(Reuters) -The U.S. is closely studying imposing new sanctions on individuals in Venezuela as well as potentially revoking licenses for oil companies working there, a senior U.S. official said on ...
Venezuelan state-run oil company PDVSA has begun contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two people familiar to the matter said on Thursday ...