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US Moves to Reimpose Sanctions on Venezuelan Oil Sector

  • #Venezuela
  • #United States of America
  • #Finance
  • #Oil & gasoline
US Moves to Reimpose Sanctions on Venezuelan Oil Sector
story
JAN 2024
Image copyright: Gaby Oraa/Getty Images News via Getty Images
story last updated JAN 2024

The Spin

Republican narrative

Time after time, Nicolás Maduro has shown that his regime will never hold fair presidential elections. Unfortunately, the Biden administration has insisted on easing sanctions and releasing prisoners to please Caracas. As the leader of the free world, the US must reestablish sanctions and completely cut ties with Venezuela's dictatorship.

Voz Media

Democratic narrative

Some sanctions may be reinstated on Venezuela, but the US must refrain from pushing too hard to retain some leeway until a date for the presidential vote is set. While sanctions have so far proven to be ineffective, a moderate approach has allowed the return of undocumented migrants to Venezuela while helping keep oil prices in check. This is a nuanced and thoughtful path set by the White House.

Bloomberg

Metaculus Prediction


Articles on this story

US tightens sanctions on Venezuela after opposition ban confirmed
BBC NewsAUG 2023
US considering more measures against Venezuelan President Maduro after pulling some sanctions relief
Associated PressAUG 2023