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OFAC has issued sanctions on Venezuelan entities, including Conviasa and PDVSA, and targets associated with Nicolás Maduro, impacting international transactions.

4 reports, 4 independent Updated Sep 17
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4
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What happened

Well supportedReported by 4 independent outlets

OFAC has issued sanctions on Venezuelan entities, including Conviasa and PDVSA, and targets associated with Nicolás Maduro, impacting international transactions.

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What this event is mainly about

How it developed

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  1. PDVSA, the state-owned oil company in Venezuela, is exploring the formation of a blank-check company to seek potential investment in its oil field stakes.Sub-event
  2. Citgo shares are affected by the ongoing refinement of US sanctions programs targeting Venezuelan entities.Sub-event
  3. Sanctions expand to target Venezuela's Central Bank and PDVSA, prompting calls for financial access.1 source
  4. OFAC maintains sanctions on Venezuelan entities like Conviasa and PDVSA, targeting international transactions with China, Iran, and Russia.1 source

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