Tag Archives: Sanctions

The new measures have the potential to affect the pattern of petroleum shipping in the Caribbean and beyond.

Venezuela exports about 500.000 barrels per day (bpd) of crude to the United States.

The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.

All the EU countries are hoping that SPV would be in place soon.

Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.

Iran says it will remain in the nuclear deal as long as its economic interests are guaranteed.

U.S. President Donald Trump recognized Guaido as president of the country.

Japan did not import any crude from Iran in November.

China is among the countries that were granted a waiver from sanctions on Iranian oil imports.

Some energy industry officials are pressuring the Trump administration to hold off.