The United States said Wednesday it will snap back sanctions on Venezuela s crucial oil industry after President Nicolas Maduro s government continued its repression of opponents.
Venezuela s Oil Industry Braces for Potential U S Sanctions Impact riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.
The potential reimposition of U.S. sanctions on Venezuela's oil and gas sectors looms large, signaling significant challenges for the nation's economy, including reduced oil revenue, hindered energy investments, and the risk of domestic fuel shortages, according to industry analysts and executives.
CARACAS -Venezuela is prepared for the reimposition of U.S. sanctions on its oil and gas exports and will stop accepting repatriation flights from the U.S. if economic aggression intensifies,. -January 30, 2024 at 02:46 pm EST
- MarketScreener
CARACAS (Reuters) -Venezuela is prepared for the reimposition of U.S. sanctions on its oil and gas exports and will stop accepting repatriation flights from the U.S. if "economic aggression" intensifies, high-level officials said on Tuesday.