Will US Treasury and OFAC lift sanctions on Venezuelan energy assets by 12 September 2026?
Posted 2026-09-01, stated before the outcome.
The US Department of the Treasury and the Office of Foreign Assets Control (OFAC) administer economic sanctions against foreign entities. These measures often target specific sectors, such as energy, to influence geopolitical outcomes or facilitate diplomatic agreements.
The claim
The US Department of the Treasury and OFAC will remove sanctions on specific Venezuelan energy assets and state-owned entities to facilitate the new oil deal within 14 days.
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