Venezuela, Oil and US sanctions
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U.S. Treasury Secretary Scott Bessent has told Reuters that additional U.S. sanctions on Venezuela could be lifted as soon as next week to facilitate oil sales, and that he will also meet next week with the heads of the International Monetary Fund and World Bank on their re-engagement with Venezuela.
Bessent said late on Friday that almost $5 billion worth of Venezuela’s currently frozen IMF Special Drawing Rights monetary assets could be deployed to help rebuild the country’s
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Bessent reveals US may lift additional Venezuela sanctions as soon as next week
He told the outlet that he plans to meet with the heads of the International Monetary Fund and World Bank next week about Venezuela.
President Trump’s retaliation against top officials at the International Criminal Court has shut them out of American services and made even routine daily tasks a challenge.
On Oct. 22, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned Rosneft Oil Co. and Lukoil OAO, two of Russia's largest oil companies. The designations were made pursuant to Executive Order No.
Mayor Zohran Mamdani had once called for lifting US sanctions on Venezuela and blamed them for contributing to the local migrant crisis.
The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans.
NIS , Serbia's Russian-owned oil company, said on Friday that it had imported the first shipments of crude oil needed to restart the country's sole refinery after securing a U.S. sanctions waiver.