US may lift additional sanctions on Venezuela to facilitate oil sales, Bessent says

The US may lift additional sanctions against  Venezuela as early as next week to facilitate oil sales.

This was stated by US Treasury Secretary Scott Bessant in an interview with Reuters, reports Censor.NET.

Additional sanctions on Venezuela may be lifted 

The head of the US Treasury Department noted that almost $5 billion of Venezuela’s frozen monetary assets in IMF special drawing rights could be used to restore the country’s economy.

“We will lift sanctions on oil that will be sold,” Bessent said.

The minister was also asked when additional sanctions on Venezuela might be lifted.

“It could happen as early as next week,” Bessent replied, but did not specify what sanctions.

What preceded it?

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