The Biden administration may allow the last American company producing oil in Venezuela to resume exports if the Maduro government takes steps to restore democracy.
Tag: PDVSA
Putin’s Oil War With the West Comes at His Allies’ Expense
Russia’s use of energy as a weapon in its standoff with the West is redrawing the geopolitical map, but it could strain ties with allies like Iran and Venezuela.
U.S. Penalizes Venezuelan Officials Involved in Imprisoning 6 American Oil Executives
The so-called Citgo 6 were lured to Venezuela for a business meeting in 2017 and have been sentenced to prison on charges of corruption.
Pence, in Colombia to Meet Guaidó, Announces New Venezuela Sanctions
While relatively modest, the actions represented a ratcheting up of the American effort to oust President Nicolás Maduro, and Vice President Mike Pence warned of more punitive steps to come.