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US to Reimpose Sanctions on Venezuela’s Oil Sector After Opposition Candidate Exclusion

US to Reimpose Sanctions on Venezuela’s Oil Sector After Opposition Candidate Exclusion
January 29, 2024



According to two US officials, the Biden administration plans to reinstate sanctions on Venezuela’s energy sector if the country continues to prevent an opposition candidate from standing for president. This move has the potential to strain recent efforts to improve relations between the two nations. The US is expected to let a six-month sanction suspension expire in April if María Corina Machado, an opposition candidate, is not permitted to run. Additionally, the officials, who chose to remain anonymous, noted that further measures are being considered.

OpenAI
Author: OpenAI

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