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The Latest Breaking News from Venezuela

Morning Brief: Top Stories Dominating Financial Media On Wednesday, March 9th

CNBC

Benzinga

US Could Ease Venezuela Sanctions Conditional On Direct Oil Supply: Reuters

U.S. President Joe Biden on Tuesday banned U.S. imports of Russian oil in retaliation for the invasion of Ukraine.

Benzinga

Russia becomes the world's most sanctioned country, surpassing Iran and North Korea

Russia is now subject to more targeted sanctions than Iran, Venezuela, Myanmar and Cuba combined, according to new data released by Castellum.AI.

ABC News

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Venezuela frees Americans Gustavo Cardenas and Jorge Fernandez from detention

It follows a Biden administration delegation's secret weekend trip to Venezuela.

Axios

Venezuela releases 2 Americans from prison after Biden team met with Maduro

Venezuela released two Americans from detention Tuesday in a gesture of goodwill to the United States after the first diplomatic talks between the two countries in at least three years.

Miami Herald

Venezuela releases two imprisoned Americans after diplomatic talks

Meeting with oil-rich country came amid US sanctions on Russian energy sources

The Independent UK

Venezuela frees two Americans after talks with U.S

Venezuela released two jailed U.S. citizens on Tuesday in an apparent goodwill gesture toward the Biden administration following a visit to Caracas by a high-level U.S. delegation.

Reuters

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If US reached a deal with Venezuela on oil, would it have an impact on gas prices?

WASHINGTON — The United States is exploring a deal with Venezuela for oil amid soaring energy prices after Russia’s invasion of Ukraine. But that doesn’t mean Americans will see an immediate impact on gas prices at the pump, experts say.

Miami Herald

Biden blocks Russian oil imports in latest round of sanctions on Kremlin

WASHINGTON — President Joe Biden announced on Tuesday that the U.S. will ban the importing of Russian oil, liquefied natural gas and coal, broadening the economic sanctions leveled against Moscow over its war in Ukraine.

Los Angeles Times

Venezuelans in Miami torn by ‘risky’ US talks with Maduro about oil, sanctions, Russia

MIAMI — As Russia’s war on Ukraine rages on, leaders in the Venezuelan community in Miami are watching in suspense — and low expectations — the ongoing talks between the Biden administration and the government of Nicolás Maduro to potentially ease sanctions on Venezuelan oil.

Miami Herald

Trump jumps on Biden banning Russian oil to promote himself: ‘Do you miss me yet?’

The ban comes as gas prices hit an all-time high

The Independent UK

Maduro signals interest in better Venezuela, US relations

Venezuela President Nicolás Maduro has signaled an interest in improving relationships between the South American country and the U.S. Maduro spoke Monday during a late-night televised meeting with cabinet members that followed weekend discussions with American officials

The Independent UK

Venezuela’s Nicolas Maduro, US confirm talks amid Russia crisis

A US delegation met with the Venezuelan government for talks that included a discussion of ‘energy security’.

Al Jazeera

Venezuela's Maduro says work agenda agreed with U.S. delegation

Venezuela's President Nicolas Maduro on Monday said he agreed an agenda for future talks with a U.S. delegation that he met on Saturday, the first high-level meeting between the two countries in years.

Reuters

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Los Angeles Times

US considers banning Russian oil, easing sanctions on Venezuela

WASHINGTON — President Joe Biden is considering a ban on imports of Russian oil while weighing actions that would boost energy production by autocracies in the hopes of mitigating the effects on American consumers and global energy markets, U.S. officials said.

Los Angeles Times

US considers banning Russian oil, easing sanctions on Venezuela

WASHINGTON — President Joe Biden is considering a ban on imports of Russian oil while weighing actions that would boost energy production by autocracies in the hopes of mitigating the impact on American consumers and global energy markets, U.S. officials said.

Reuters

Colombia's president says any solution for Venezuela must come through elections

Colombian President Ivan Duque on Monday said any solution for Venezuela's future, whose humanitarian crisis under President Nicolas Maduro has hit neighboring nations with an influx of migrants, must come through genuine, transparent presidential elections.

The Independent UK

Possible Russia oil embargo drives US outreach to Venezuela

Senior U.S. officials secretly traveled to Venezuela over the weekend in a risky bid to unfreeze hostile relations with Vladimir Putin’s top ally in Latin America, a top oil exporter whose re-entry into U.S. energy markets could mitigate the fallout at the pump from a possible oil embargo on Russia

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The Guardian - UK

US officials fly to Venezuela for talks in apparent bid to further isolate Russia

Experts believe rare meeting with Moscow ally could signal significant shift in US policy towards Caracas

The Conversation

Ukraine invasion: Why Canada should rethink its approach to economic sanctions

Western countries have imposed massive sanctions against Russia for its invasion of Ukraine. The West has increasingly relied on economic sanctions to punish or change the policies of foreign governments in the last several decades. The conventional wisdom is that economic sanctions are an effective and peaceful foreign policy tool.

Reuters

U.S. officials travel to Venezuela, a Russian ally, for talks - source

Senior U.S. officials traveled to Venezuela on Saturday for talks with President Nicolas Maduro's government, seeking to determine whether Caracas is prepared to distance itself from close ally Russia amid its invasion of Ukraine, according to a person familiar with the matter.

Los Angeles Times

Increasingly isolated, Putin finds a few allies in Latin America

MEXICO CITY — Facing condemnation from most of the world and stiff sanctions from Europe and the United States, Russia appears increasingly isolated as its president presses on with his invasion of Ukraine.

Benzinga

Ethereum Wallet MetaMask Apologizes For 'Accidentally' Blocking Users in Venezuela

MetaMask, the Ethereum (CRYPTO: ETH) wallet of blockchain technology firm ConsenSys, has apologized after some of its users in Venezuela were accidentally blocked from accessing the digital wallet on Thursday.

Reuters

About 400 Russian tourists left Venezuela on charter flight-sources

Russian tourists holidaying on Venezuela's tropical Margarita Island began returning home earlier this week, two tourism industry sources said, as Europe and North America closed their airspace to Russian flights over the war in Ukraine.

Asharq Al-Awsat

Venezuela's Maduro Slams Sanctions against Russia as 'Madness'

President Nicolas Maduro of Venezuela criticized Wednesday the barrage of Western sanctions slapped on Russia, bucking the global chorus of condemnation of its invasion of Ukraine. "What they are doing against the Russian people is a crime, an economic war," Maduro said as he reiterated support for President Vladimir Putin…

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