The Biden administration is reportedly leaning away from reimposing Trump-era sanctions on Venezuela's oil industry, despite President Nicolás Maduro's hardline crackdown, including barring leading opposition candidates from the country's July elections. U.S. officials believe that reintroducing sanctions could raise the price of gas domestically and prompt more migration from Venezuela, particularly as President Biden campaigns for re-election. This stance has sparked debate among observers, with some criticizing the administration for not taking a harder line against Maduro's government. The decision to potentially extend the current policy until the July 28 elections reflects broader concerns about the impact of sanctions on U.S. interests, including economic implications and migration patterns. Officials are hoping Venezuela will uphold its commitments on elections.
Another example of how the Biden Administration is acting as an accomplice of the Maduro regime. Incredibly sad and worrysome. https://t.co/qc2NCYzMKH
Biden Is Unlikely to Reimpose Oil Sanctions on Venezuela. @WSJ https://t.co/KxMQWQb5PG
#Venezuela: all charges against #AlexSaab have been dropped. Saab was released as part of negotiations with @NicolasMaduro, but he was never part of the Barbados Accords. Congress must demand answers as to what happened, especially given Maduro has only grown more repressive. https://t.co/ufkaHJpDVn
"Venezuelan President Nicolás Maduro is brazenly refusing to honor his agreement to allow a free and fair election this year. President Biden & Secretary of State Antony Blinken have no choice but to follow through on their pledge to reimpose sanctions." https://t.co/QY69lkwvBH
Reports that the Biden administration are unlikely to reimpose oil sanctions on Venezuela and will extend the licence when it expires next month… #Venezuela https://t.co/y5YYBWQEsj
“The Biden administration is likely to extend the current policy until July 28, when Venezuela will hold elections, people familiar with the administration’s thinking say” https://t.co/SK1RLPXRhC
Venezuela’s Maduro is breaking through all red lines, the Editorial Board writes. Time to respond. https://t.co/yeWL5C6WSn
Lifting sanctions on Venezuela's oil industry seemed like a good idea. But former high-ranking diplomat @ericfarns never bought it. “I said at the time, you lift the sanctions now, you take away your own leverage. That is exactly what happened.” https://t.co/Dt5zU8GB2F via @WSJ
US won't level sanctions against Maduro, a senior US official told @WSJ today, if the Venezuelans "uphold" the commitments on elections. Are the Americans naive? Or worried about migrants and high gas prices, but just can't say it? https://t.co/ck2pXklHPb via @WSJ
OIL MARKET: The Biden administration is leaning away from reimposing sanctions on Venezuela’s oil industry despite President Nicolás Maduro’s moves to bar leading opposition candidates from the country’s July elections. #OOTT #Venezuela https://t.co/sO9T2OCgVZ
Biden Is Unlikely to Reimpose Oil Sanctions on #Venezuela Nicolás Maduro of Venezuela has barred presidential candidates, but U.S. officials worry that new penalties would raise gas prices in a U.S. election year #oott https://t.co/I7hWv2FaDS
U.S. officials believe reverting to Trump-era sanctions on Venezuela would raise the price of gas and prompt more migration from Venezuela as Biden campaigns for re-election. So don't expect any hardline response as Venezuela continues hardline crackdown. https://t.co/Sh7apnWoKW
The Biden administration is leaning away from reimposing sanctions on Venezuela’s oil industry despite President Nicolás Maduro’s moves to bar leading opposition candidates from the country’s July elections, said people familiar with the matter. tell @WSJ https://t.co/Zjn70VxUsR
BIDEN IS UNLIKELY TO REIMPOSE OIL SANCTIONS ON VENEZUELA - WSJ
*U.S. Officials Concerned That Reimposing Sanctions Will Raise Gas Prices -- WSJ Biden Is Unlikely to Reimpose Oil Sanctions on Venezuela -- WSJ