CRS Updates Venezuela Sanctions Report
The Congressional Research Service this week updated its report on U.S. sanctions against Venezuela, outlining the types of designations imposed on the country and policy considerations for the U.S. government and Congress. The report now reflects the Treasury Department’s decision…
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last month to grant Chevron a general license to resume certain oil activities in Venezuela for the first time in years (see 2211280042). CRS said “fluctuations in oil prices also have put pressure on U.S. and European officials to find alternate sources to replace Russian-supplied oil.”