Official announcements from the Venezuelan government or credible international news sources

Biden Administration Reimposes Oil Sanctions on Venezuela After Fraudulent Election

Jul 29, 2024, 05:20 AM

The Biden administration has reimposed oil sanctions on Venezuela after a six-month reprieve, citing the failure of Nicolas Maduro’s regime to honor an agreement for fair elections scheduled for July. This decision reverses the previous lifting of sanctions by the Biden-Harris administration, which had been contingent on Maduro allowing a free election. The recent election in Venezuela has been widely criticized as fraudulent, with many pointing to it as evidence of the Maduro regime's continued illegitimacy. Back in 2019, President Donald Trump acknowledged the stolen election in Venezuela by refusing to recognize Nicolas Maduro as President, referring to him as the 'illegitimate Maduro regime.' The reimposition of sanctions marks a significant policy shift and highlights ongoing concerns over the political situation in Venezuela.