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Venezuela Sanction Relief Deadline Leaves Market Guessing

AnalysisCommodities ResearchCommodities

Executive summary:

  • Temporary sanction relief on Venezuela’s oil industry is set to expire April 18.
  • The Biden Administration faces a tough decision on whether to extend the deal further or reimpose sanctions.
  • Biden must walk a fine line, trying to pressure Caracas without undermining wider US interests.
Full Piece Here:

Venezuela Sanction Relief Deadline Leaves Market Guessing.pdf

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Executive summary:

  • Temporary sanction relief on Venezuela’s oil industry is set to expire April 18.
  • The Biden Administration faces a tough decision on whether to extend the deal further or reimpose sanctions.
  • Biden must walk a fine line, trying to pressure Caracas without undermining wider US interests.
Full Piece Here:

Venezuela Sanction Relief Deadline Leaves Market Guessing.pdf