Venezuela Oil Industry Fears Losing Ground if U.S. Revives Sanctions

Firms fret reestablished links with US suppliers may be halted January oil output rose 22% from prior year as sanctions eased Venezuelan President Nicolás Maduro is betting the US won’t revive all of its sanctions as he backslides on a promise of free elections. Inside the nation’s oil industry, local operators are worried he’s wrong. Oil and … Read more