U.S. Lifts Venezuela Oil Sanctions For Six Months ...Middle East

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U.S. Lifts Venezuela Oil Sanctions For Six Months
source : OILPRICE ( Middle East ) () 61
The United States lifted sanctions on Venezuela’s oil industry after the Nicolas Maduro government reached a deal with the opposition that could see elections held next year. The deal was the condition that Washington set for the lifting of the sanctions. As a result of the easing of sanctions, analysts predict Venezuela’s oil production could increase by 25%. “The United States welcomes the signing of an electoral roadmap agreement between the Unitary Platform and Maduro representatives,” Treasury Undersecretary for Terrorism…

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