US Set to Renew Venezuela Oil Sanctions After Presidential Candidate Barred
- Biden administration may let six-month suspension end in April
- US has eased pressure on Maduro amid democratic reforms
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The Biden administration will restore sanctions on Venezuela’s energy sector if the country upholds its ban on an opposition candidate from running for president, two US officials said, a move that risks chilling recent efforts to improve ties between the two adversaries.
The US will allow a six-month suspension on sanctions to expire in April if opposition candidate María Corina Machado is barred from running, and is also considering additional measures, according to the officials, who asked not to be identified discussing private deliberations.