The Biden administration is considering revoking oil licenses for foreign companies operating in Venezuela, according to the U.S. Secretary of State Antony Blinken. The move is under review following Nicolás Maduro's decision to claim victory in Venezuela's presidential elections without presenting supporting evidence, a move the opposition and large parts of the international community condemn as fraudulent.
"Everything is on the table right now, including in terms of [oil] licenses," Blinken said during a hearing before the House Foreign Affairs Committee, as reported by EFE.
