popular articles

Pressure in the United States for tougher sanctions on Venezuela

Former U.S. politicians urge tougher sanctions if Venezuela fails to live up to its democratic commitments, in the context of Venezuela's national elections.
Sanctions US Venezuela élections

Please share:

A group of twenty former U.S. officials sent a letter to U.S. Secretary of State Antony Blinken on April 3, demanding that the U.S. revoke General License 44 unless Nicolás Maduro allows all opposition candidates, including Maria Corina Machado, to run in the presidential elections scheduled for 2024. The license, which authorizes oil transactions with Venezuela, was granted under the Barbados Accords of 2023, promising free and fair elections.

Threat of penalties for non-compliance

The letter’s signatories warned that if the democratic conditions were not met, in particular the inclusion of Machado, this should lead to a re-imposition of US sanctions, eased in October 2023. The letter stresses that Maduro’s actions, including the repression of political opponents and the arrest of civil rights defenders, should prompt resolute action by the United States.

American and international responses

The US position remains firm, with clear expectations that Maduro will respect the Barbados Agreement. The United States, through the State Department and the White House, has expressed concern about recent actions by the Venezuelan regime, including the disqualification of Machado and the obstacles imposed on his replacement, Corina Yoris, who was prevented from registering as a candidate.

Faced with complex international implications, including the potential for higher gasoline prices and migratory flows, administration officials are considering alternative sanctions that could affect Maduro’s regime without significantly disrupting U.S. or international interests. These alternative sanctions are discussed in the context of Venezuela’s growing collaboration with Iran and China, and a possible extension of the current policy until the July 28 elections.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Amid uncertainty over Russian gas deliveries to Transnistria, Romania commits to ensuring Moldova's energy security this winter, with emergency measures for electricity and gas supplies.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.
The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
The decline of the won against the dollar exposes South Korean refiners to significant losses on crude import costs, while the political crisis surrounding martial law undermines investor confidence.
London and Oslo announce a future industrial partnership focused on renewable energy and carbon capture, aiming to secure their energy and economic interests.
London and Oslo announce a future industrial partnership focused on renewable energy and carbon capture, aiming to secure their energy and economic interests.
Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
A joint investment between Canada and the United States aims to develop Yukon’s infrastructure and accelerate the exploitation of critical minerals essential for North American security and clean energy.
A joint investment between Canada and the United States aims to develop Yukon’s infrastructure and accelerate the exploitation of critical minerals essential for North American security and clean energy.
Serbian President Aleksandar Vucic warns of imminent US sanctions against NIS, majority-owned by Gazprom Neft and Gazprom. A decision that could escalate geopolitical tensions in Europe.
Faced with Donald Trump’s proposed tariffs, Ontario’s Premier considers suspending electricity exports to several U.S. states, jeopardizing the supply of 12 billion kWh annually.
Faced with Donald Trump’s proposed tariffs, Ontario’s Premier considers suspending electricity exports to several U.S. states, jeopardizing the supply of 12 billion kWh annually.
During a visit to Abuja, German President Frank-Walter Steinmeier and his Nigerian counterpart Bola Ahmed Tinubu discussed their energy partnership, focusing on renewable energy and hydrogen.
During a visit to Abuja, German President Frank-Walter Steinmeier and his Nigerian counterpart Bola Ahmed Tinubu discussed their energy partnership, focusing on renewable energy and hydrogen.
The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.
The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.
Ecuador is experiencing a marked increase in diesel and gasoline imports due to ongoing challenges in its refineries, exacerbated by extended maintenance periods.
The overthrow of the Syrian regime disrupts Iranian oil deliveries, crucial for local energy supply. The cessation of this source highlights the growing energy challenges in the region.
The overthrow of the Syrian regime disrupts Iranian oil deliveries, crucial for local energy supply. The cessation of this source highlights the growing energy challenges in the region.
Global demand for liquefied natural gas (LNG) is rising rapidly. Europe must strengthen its competitiveness to secure supply amidst growing competition from Asian and American markets.
Global demand for liquefied natural gas (LNG) is rising rapidly. Europe must strengthen its competitiveness to secure supply amidst growing competition from Asian and American markets.
The U.S. government plans a new oil lease sale in the Arctic National Wildlife Refuge, a Congress-mandated initiative sharply criticized for its environmental impacts.
The U.S. government plans a new oil lease sale in the Arctic National Wildlife Refuge, a Congress-mandated initiative sharply criticized for its environmental impacts.
The collapse of Bashar al-Assad's regime has prompted reactions in oil markets, with a moderate rise in prices. The geopolitical implications for the region and their effects on energy supplies remain uncertain.
Faced with weakened demand, Saudi Aramco lowers its official selling prices for Arab Light crude destined for Asia, reaching levels not seen since January 2021. A decision influenced by global dynamics and uncertain market prospects.
Faced with weakened demand, Saudi Aramco lowers its official selling prices for Arab Light crude destined for Asia, reaching levels not seen since January 2021. A decision influenced by global dynamics and uncertain market prospects.
Russian Gas: Putin Expands Payment Options Amid US Sanctions
Russian Gas: Putin Expands Payment Options Amid US Sanctions
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
Orano loses control of its subsidiary in Niger: 1,150 tons of uranium blocked
Orano loses control of its subsidiary in Niger: 1,150 tons of uranium blocked
Several agreements have been concluded between French and Saudi companies in renewable energy, waste management, and technological innovations, consolidating diplomatic and economic relations between the two nations.
Several agreements have been concluded between French and Saudi companies in renewable energy, waste management, and technological innovations, consolidating diplomatic and economic relations between the two nations.
Qatar will invest one billion pounds in climate technologies in the United Kingdom, an agreement hailed by Prime Minister Keir Starmer as a "significant step forward" during the official visit of Emir Al-Thani.
Qatar will invest one billion pounds in climate technologies in the United Kingdom, an agreement hailed by Prime Minister Keir Starmer as a "significant step forward" during the official visit of Emir Al-Thani.

Advertising