
U.S. Eases Venezuela Oil Sanctions After Lawmakers Approve Sector Reforms
Acting president Delcy Rodríguez welcomed new reforms, calling them a “historical leap” for Venezuela’s economy.

Acting president Delcy Rodríguez welcomed new reforms, calling them a “historical leap” for Venezuela’s economy.

Asked about the future duration of U.S. control of Caracas, Trump remarked “Only time will tell.”

Washington’s demand for Venezuelan oil has deepened tensions after the arrest of former president Nicolás Maduro.

The deposed Venezuelan leader denied the narco-terrorism charges in court, insisting he is still president of his country.

Ousted Venezuelan President Nicolás Maduro is being held in a Brooklyn prison until prosecutors decide where he would face trial.

Oil markets reacted immediately to Washington’s announcement, with the price of crude climbing, as traders weighed up the risk of losing a potential million barrels a day from the global supply chain.

Venezuela called the move “piracy” as Washington said the ship carried sanctioned oil from Iran and Caracas.