The U.S. is preparing to ease sanctions on Venezuela's oil in return for a pledge to hold free and fair internationally monitored presidential elections in 2024
The U.S. is preparing to ease sanctions on Venezuela’s oil in return for a pledge to hold free and fair internationally monitored presidential elections in 2024, the Washington Post reports, citing two anonymous sources. The report claims that Venezuelan President Nicolás Maduro will sign a deal with the country’s U.S.-backed opposition during a Tuesday meeting in Barbados, with U.S. officials standing by.
While details remain vague and there has been no official on-the-record corroboration of the Washington Post account citing unnamed sources, those sources indicated that part of the sanctions easing process could see Venezuela’s state-run oil agency restart business in the U.S. under a new general license to operate.
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