United States eases sanctions on Venezuela's central bank
→ Sanctions compliance teams at US banks can process transactions with the named Venezuelan banks
USA
·
Venezuela
US reopens embassy in Venezuela
→ US resumed diplomatic operations at its embassy chancery in Caracas, restarting on-site diplomatic work after the mission had been closed since March 2019 and with charge d’affaires Laura F Dogu leading restoration.
USA
·
US Treasury Department issues licenses for Venezuela critical-mineral operations
→ The US Treasury Department on March 27, 2026 issued general licenses authorizing the supply of specified items and services for critical-mineral operations in Venezuela and permitting the negotiation and execution of contingent investment contracts there.
Venezuela
·
United States issues limited licence for Venezuelan gold
→ Only Minerven-linked Venezuelan gold transactions that meet the licence limits can use this channel, and exchanges involving Cuba, North Korea, Iran, or Russia are barred. Payments to sanctioned individuals are constrained to route through Treasury Foreign Government Deposit Funds accounts.
Venezuela
·
Venezuela suspends 19 oil and gas production-sharing contracts
→ Contracts are under joint Venezuelan and U.S. administrative review, including company credential checks and consideration of recommendations to revoke some contracts. PDVSA is continuing to sell crude produced under the suspended contracts and national oil and gas output remains unchanged so far.
Venezuela
·
US OFAC grants licences for BP, Chevron, Eni, Repsol and Shell to operate in Venezuela
→ The licenses create a legal framework that permits specified foreign oil firms to engage in Venezuela's oil and gas operations only within the compliance conditions set out in the licenses.
Venezuela
·
US seizes Venezuela-linked oil tanker
→ The action extends US enforcement of its oil blockade on Venezuela to transoceanic waters, constraining Venezuela’s ability to move oil beyond nearby seas.
Venezuela
·
US reopens diplomatic mission in Venezuela
→ Restores a formal US diplomatic presence in Caracas that establishes an institutional channel for bilateral negotiation and diplomatic dialogue to address outstanding differences.
Venezuela
·
Rodriguez signs law opening oil sector to private participation
→ Creates a legal framework that enables private-sector entry and restructures governance and ownership arrangements in the nationalised oil sector.
Venezuela
·
US Treasury sanctions four companies and oil tankers
→ The sanctions create legal barriers that restrict the targeted firms' and vessels' ability to operate in international oil transport and constrain Venezuela's access to international markets for petroleum.
Venezuela
·