An oil agreement was announced between Caracas and Washington, with US interests defining the terms of the blockade.
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What happened
An oil agreement was announced between Caracas and Washington, with US interests defining the terms of the blockade.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Trump administration applies sanctions and tariffs against Cuba. Oil shipments from Venezuela are targeted by new executive orders.Also in this story
- The Trump administration is seeking political change in Cuba and placing Cuban-Americans in Latin America, while a US ambassador arrives in Argentina from Cuba.
- Secondary sanctions are being implemented by the Trump administration, leading to the halt of subsidized Venezuelan oil and the allocation of naphtha for Varadero oil fields in Cuba.
- Trump administration installs Delcy Rodríguez; UN condemns US coercion against Cuba amid Venezuelan oil law overhaul.
- Cuba deployed medical doctors to Venezuela, a move defended by Bruno Rodriguez amidst tightening US sanctions.
The entities involved
Related events
- The US is seeking investment to revive Venezuela's struggling oil sector, with talks focused on heavy crude reserves in Monagas state.
- The U.S. is seeking Venezuelan oil specifically to displace Chinese economic interests in the region.
- Oil deals are being struck between Iran and Venezuela.
- Venezuela is discussing ownership stakes in its oil resources and considering an exit from OPEC due to political shifts.
- Geopolitical tensions and sanctions are reported concerning Venezuela.