by Natalie Moodey | Apr 18, 2024 | Caribbean Insight
The United States is renewing sanctions on Venezuela’s oil industry, after easing some of the penalties for six months in return for assurances the South American country would hold free and fair elections this year. Senior U.S. officials said the government of...
by Natalie Moodey | Feb 26, 2024 | Caribbean Insight
Impoverished and desperate for cash, Venezuela is trying to collect old debts from a program that sold oil to poor countries. At the height of Venezuela’s oil go-go days, tankers fanned out across the Caribbean, handing out 200,000 barrels a day to a constellation of...
