Maduro Demands Oil Sanctions Be Lifted Before Elections Take Place ...Middle East

Economy by : (OILPRICE) -
Venezuela’s President Nicolas Maduro called on Wednesday for the lifting of all sanctions against the country’s oil industry before he discusses the holding of free elections with the opposition. This weekend, the U.S. Administration eased some of the sanctions, allowing U.S. supermajor Chevron to resume limited natural resource extraction operations in Venezuela and oil and petroleum product exports to the United States. The Biden Administration’s decision to ease some of the sanctions, which the Trump Administration implemented…

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