The US has reinstated oil sanctions against Venezuela’s government, arguing it has not met conditions to hold fair and competitive elections as negotiated with US envoys and the opposition last year. However, the US oil company Chevron will be allowed to continue a joint venture with the Venezuelan state oil company. Al Jazeera’s Latin America Editor Lucia Newman reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Venezuela #UnitedStates #VenezuelaOilSanctions #USsanctionsonVenezuela #NicolasMaduro #OilAndGas #2024VenezuelaElections #VenezuelaEconomicCrisis
Venezuela’s President Nicolas Maduro said on Wednesday that his government must begin charging more for petrol and said he had directed a team of specialists to determine what the price should be. The announcement follows the arrival of several tankers from Iran carrying much-needed fuel. Al Jazeera’s Alexi O’Brien reports. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Venezuela #Maduro #VenezuelaFuelShortages
A new standoff could be brewing between the United States, Iran and Venezuela, over a shipment of millions of dollars of fuel. Five Iranian oil tankers are just days away from arriving in Venezuela to help ease fuel shortages there. Venezuela’s own oil refining industry collapsed; critics say that was because of underinvestment and mismanagement. Al Jazeera’s Alexi O’Brien reports. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Venezuela #Iran #VenezuelaFuelShortages