How US sanctions have affected Venezuela
Under Obama, Biden and Trump, Washington has introduced economic measures against the Maduro government. Here is an overview of how these moves have impacted the country
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Under Obama, Biden and Trump, Washington has introduced economic measures against the Maduro government. Here is an overview of how these moves have impacted the country
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MIAMI — The Biden administration on Wednesday reimposed oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S. eased restrictions in
The Biden administration will reimpose oil and gas sanctions on Venezuela after President Nicolas Maduro failed to comply with a US-backed agreement to allow free and fair elections this year. Barring any last-minute concessions by Maduro, the US has made clear it is not likely to renew a six-month license that granted the OPEC member partial sanctions relief from October, following an election deal reached between the government and the Venezuelan opposition. It expires just after midnight EST (0400 GMT on Friday).
By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) - Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of cred...