PDVSA faces transaction prohibitions with North Korea and Cuba, while dispute resolution options are discussed in France and Singapore.

The entities involved

• PDVSA →

  Venezuelan government-owned oil company

  • PDVSA, Venezuela's state oil company, signed a crude and gas agreement with Repsol to regain operational control of assets in Lake Maracaibo.Mon 04:49
  • The United States claims a 20 percent stake in Venezuelan oil reserves, which are managed by PDVSA.Sun 00:37
• North Korea →

  sovereign state in East Asia

  • An investigation is underway to determine if North Korea caused explosions, coinciding with President Lee Jae Myung's visit to Mexico City.Mon 16:26
  • Ongoing tensions persist along the southern border between Korea and North Korea.Mon 14:47
• Cuba →

  sovereign state situated on an island in the Caribbean Sea

  • Cuba faces international pressure regarding its political system, and Guyana expresses solidarity regarding Cuba's challenges.Mon 17:45
  • The US continues its pressure campaign against the island's government, which is currently facing the realities of its capital city, Havana.Mon 16:27