US Sanctions Against Venezuela: A Temporary Easing?

... support of assets in Venezuela, including those in which PdVSA was a participant. This license was renewed in May 2023 . Finally, on October 18 of this year, following the signing of a roadmap between the government and the opposition for the 2024 elections, the United States announced more widespread easing. General License No. 44 lifted restrictions on work with the oil and gas sector in Venezuela for six months, and General License No. 43 introduced similar relief for the Minerven gold mining company. In other words, there has been a decrease in US sanctions pressure on Venezuela against the backdrop of changes in internal political processes in the country, which favour Washington’s expectations, albeit not as radical as it was in 2019. In addition, the US is interested in the world market gaining ...