“Venezuela: Threat of Sanctions Return”
April 18, 2024
The Biden administration is considering the possibility of reintroducing oil sanctions against Venezuela as Nicolas Maduro has violated the terms of temporary sanctions relief. Maduro continuously attacks the opposition, using fabricated charges to exclude them from elections and arresting those accused of plotting against him. It is important for the government to ensure democratic elections in Venezuela, and if these conditions are not met, sanctions may be reinstated. Negotiations offer a potential avenue for easing tensions, but the ultimate outcome remains unknown. All of this is tied to efforts to increase Venezuelan oil production and enhance the influence of PDVSA.