US hits Venezuela with oil sanctions to pressure

  • us hits venezuela with oil sanctions to pressure maduro-ap news
  • us hits venezuela with oil sanctions to pressure maduro-ap news
  • us hits venezuela with oil sanctions to pressure maduro-ap news
  • us hits venezuela with oil sanctions to pressure maduro-ap news

US Hits Venezuela With Oil Sanctions to Pressure

US hits Venezuela with oil sanctions to pressure

US hits Venezuela with oil sanctions to pressure

US hits Venezuela with oil sanctions to pressure

  • Why did Biden reimpose sanctions on Venezuela?
  • (AP Photo/Fernando Vergara) MIAMI (AP) — 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 restrictions in a bid to support now fading hopes for a democratic opening in the OPEC nation.
  • Why did Maduro allow Venezuela to send oil directly?
  • However, by allowing Venezuela to send oil directly, instead of going through shady middlemen who charge a hefty fee, Maduro’s government was able to boost oil revenues and raise badly needed cash during the six months of U.S. sanctions relief.
  • What did Trump say about Venezuela's oil deal with Nicolás Maduro?
  • Venezuela called the decision "damaging" and said it could increase migration to the US. Trump made the announcement on Truth Social, writing that he was "hereby reversing the concessions that Crooked Joe Biden gave to Nicolás Maduro, of Venezuela, on the oil transaction agreement, dated November 26, 2022".
  • Could a tariff increase pressure on Maduro?
  • (Getty Images) Lutnick reportedly floated the idea of increasing pressure on Maduro by tariffing Venezuela instead of revoking leases for what are U.S. oil firms, Fox News Digital has learned. Trump was warm to the idea, as he has long advocated a hardline stance against the Caracas dictatorship, said the source, who declined to be identified.
  • Why did the Treasury Department give Venezuela a reprieve from sanctions?
  • In October, the Treasury Department granted Venezuela a broad reprieve from sanctions after Maduro and the opposition agreed to work to improve electoral conditions ahead of the 2024 presidential contest. But as hopes for a democratic opening faded, the Biden administration clawed back the relief.
  • Will the US cancel Chevron licenses in Venezuela?
  • (AP Photo/Ariana Cubillos, File) MEXICO CITY (AP) — Venezuela’s main opposition coalition on Monday called on the U.S. to cancel the licenses that allow Chevron and other energy companies to operate in the South American country to pressure President Nicolás Maduro to negotiate a transition from power.