Trump Administration Weighs Tighter Venezuelan Oil Sanctions
- Diesel swaps account for most of nation’s crude shipments
- Opposition lawmakers argue the deals prop up the Maduro regime
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The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according to people familiar with the matter.
The measures could target crude swaps with companies in Asia and Europe, said the people, who requested anonymity because the talks are private. U.S. officials have debated the move for months, yet they initially prioritized actions against Iran, which began exporting gasoline to fuel-starved Venezuela. The sanctions haven’t been decided and talks are ongoing, the people said.