WASHINGTON (Reuters) – The Biden administration plans to provide some sanctions relief for Venezuela’s oil and gas sector almost immediately in response to a 2024 election deal reached between the Venezuelan government and the country’s opposition, a senior U.S. State Department official told Reuters.
The official, speaking on condition of anonymity, said the U.S. is going ahead with a broad easing of energy-related sanctions but is prepared to reverse those steps if President Nicolas Maduro’s government fails to lift the ban on opposition presidential candidates and release political prisoners.
(Reporting By Matt Spetalnick; Editing by Josie Kao)
