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Reuters
Reuters
Business
By Julia Symmes Cobb

U.S. lawmakers skeptical of potential easing of Venezuela sanctions

United States senators said on Wednesday they are skeptical of a potential easing of sanctions on Venezuela, amid meetings in Washington between the Biden administration and Venezuelan opposition leaders.

Chevron has asked the U.S. Treasury Department to relax sanctions, allowing the company to take operational control and have a greater say in procurement and trading at the four oil ventures it shares with Venezuelan state oil company PDVSA.

But the State Department has insisted any relevant easing of sanctions will only come if Venezuelan President Nicolas Maduro returns to talks with the opposition and takes concrete steps toward free elections.

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