The U.S. renews oil sanctions on Venezuela citing a failure to allow fair elections
The Biden administration will reinstate sanctions on Venezuela's oil and gas sector, accusing the government President Nicolás Maduro of failing to commit to "an inclusive and competitive election."
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.
