US May Lift Venezuela Sanctions Next Week to Aid Oil Sales, Says Treasury Secretary
3 hours agoPolitics
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US May Lift Venezuela Sanctions Next Week to Aid Oil Sales, Says Treasury Secretary

U.S. Treasury Secretary Scott Bessent indicated that additional sanctions on Venezuela could be lifted as soon as next week to facilitate oil sales. He also plans to meet with IMF and World Bank heads regarding re-engagement with Venezuela, with nearly $5 billion in frozen IMF assets potentially deployable for economic rebuilding. These moves are part of the Trump administration's efforts to stabilize Venezuela following the capture of its leader, Nicolas Maduro, and encourage the return of U.S. oil producers.

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