The US has reimposed economic sanctions against a Venezuelan state-owned mining company and could go on to issue further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week.
A little over three months after the Biden administration lifted most economic sanctions on Venezuela, they are reimposing some of them warning the regime of Nicolas Maduro that if he does not lift a ban on opposition candidates, they will reimpose the rest. A National Security Council spokesperson confirmed Monday night that the Treasury Department has ended a waiver that authorized transactions with Venezuela's state-owned gold mining company, effective two weeks from now.
The US has reimposed economic sanctions against a Venezuelan state-owned mining company and could go on to issue further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week.
The European Union has reportedly devised a plan for economic sanctions against Hungary as a means of pressuring the country to lift its veto on aid to Ukraine, the Financial Times has reported.