US reimposes Venezuela sanctions ...News

Economy by : (Russia Today) -
A six-month reprieve has been ended due to concerns surrounding upcoming presidential elections in the South American country The US has reinstated sanctions on Venezuela’s crucial energy industry, over what Washington describes as Caracas’ failure to adhere to democratic principles, as the nation prepares for presidential elections. President Joe Biden’s administration said on Wednesday it would not renew a license that expired early on Thursday, and which had partially eased the punitive measures since October, following a US-backed election deal. Venezuela’s President Nicolas Maduro and the country’s opposition

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