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US Blocks Eni from PDVSA Payments as Maduro Urges Oil Companies to Ignore Sanctions and Increase Oil Exports to China

US Blocks Eni from PDVSA Payments as Maduro Urges Oil Companies to Ignore Sanctions and Increase Oil Exports to China

Meanwhile, the Italian company Eni confirms the prohibition by the United States to receive payments from Petróleos de Venezuela S.A. (PDVSA). Nicolás Maduro urges international oil companies not to adhere to the sanctions imposed on… US Blocks Eni from PDVSA Payments as Maduro Urges Oil Companies to Ignore Sanctions and Increase Oil Exports to China

Impact of Increased Sanctions on Venezuela: The Looming Threat of Hyperinflation and Oil License Revocations

Impact of Increased Sanctions on Venezuela: The Looming Threat of Hyperinflation and Oil License Revocations

The increase in sanctions on Venezuela suggests that a new hyperinflationary process may resurface in the Venezuelan landscape, following the series of revoked operational licenses imposed by Donald Trump’s administration on Nicolás Maduro’s regime and… Impact of Increased Sanctions on Venezuela: The Looming Threat of Hyperinflation and Oil License Revocations