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oil and gas sanctions on Venezuela on Wednesday evening, allowing the socialist regime of dictator Nicolás Maduro to sell oil in U.S. and international markets.
The Biden administration issued the temporary lift of oil sanctions on Venezuela in response to the Maduro regime and the “opposition” Unitary Platforman agreement in Barbados on Tuesday towards holding so-called “free and fair” elections in the second half of 2024. “Treasury is prepared to amend or revoke authorizations at any time, should representatives of Maduro fail to follow through on their commitments,” the statement continued. “All other restrictions imposed by the United States on Venezuela remain in place, and we will continue to hold bad actors accountable. We stand with the Venezuelan people and support Venezuelan democracy.
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