US broadly eases Venezuela oil sanctions after election deal
US broadly eases Venezuela oil sanctions after election deal
The Biden administration on Wednesday broadly eased sanctions on Venezuela's oil sector in response to a deal reached between the government and opposition parties for the 2024 election - the most extensive rollback of Trump-era restrictions on Caracas.
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anticipating sanctions wars with arab nations I guess
Gustavo Petro and Lula da Silva had been talking to Biden since they were elected about lifting the sanctions. I think Spain was supporting it too.
The only thing left to do is to reinstate Venezuela as a member of Mercusur.
More likely trying to enable democracy and a functional economy to once again exist in Venezuela.
Didn't they destroy it in the first place?
No they didn't. That was the result of years of absolutely moronic economic and monetary policy combined with a ton of theft by people at the top levels of government and the national oil company.
The USA isn't helping Venezuela's government to steal from it's people since they stopped getting a cut.