US President Donald Trump on Wednesday introduced a reversal of concessions given to Venezuela on an oil transaction settlement by his predecessor Joe Biden.
Trump, in a submit on Fact Social, stated he has ordered that the settlement dated November 26, 2022, be terminated “as of the March 1 choice to renew.”
Venezuela President Nicolas Maduro and his authorities have at all times rejected sanctions by america and others, saying they’re illegitimate measures that quantity to an “financial battle” designed to cripple Venezuela.
Maduro and his allies have cheered what they are saying is the nation’s resilience regardless of the measures, although they’ve traditionally blamed some financial hardships and shortages on sanctions.
