US Reimposes Sanctions on Venezuela After Brief Relief
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Venezuela: Washington Reimposes Oil Sanctions, Maduro Gov’t Pledges Continued Growth
Washington Revokes Oil and Gas License Issued to Venezuela (+Sanctions)
The document specifies that the US regime does not authorize “any transactions involving any financial institution blocked pursuant to Executive Order (E.O.) 13850 other than Banco Central de Venezuela or Banco de Venezuela SA Banco Universal.”
As a second prohibition, it further indicates that “the provision of goods or services to, or new investment in, an entity located in Venezuela that is owned or controlled by, or a joint venture with, an entity located in the Russian Federation,” is also forbidden, thus keeping the same provision that existed in the revoked license against Russia.
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