Venezuela rejects US oil sanctions re-imposition

19 April 2024
2024-04-19 16:34

Venezuela on Thursday condemned a decision by the United States to resume sanctions on its crucial oil industry, accusing Washington of violating a deal brokered by Qatar.
The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to re-impose punitive measures in response to President Maduro's failure to meet his election commitments.
Venezuela's Foreign Minister Yvan Gil said in a statement that the country rejects Washington's efforts to "monitor, act as guardian of, control and manipulate the Venezuelan oil industry through its illegal policy of imposing coercive measures."

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