Sanctions - Guacamaya

OFAC Ends License for Venezuela to Import Liquefied Petroleum Gas

Elias Ferrer9 months ago9 months ago02 mins

The license was issued by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury. Guacamaya,…

REUTERS: Venezuela Redirects Oil Exports to China Following U.S. Sanctions

Luis Alejandro Ruiz9 months ago9 months ago03 mins

Venezuela’s oil exports rose by 8% in June, reaching an average of 844,000 barrels per day (bpd), driven by a significant increase in shipments to China. The uptick helped offset the country’s loss of access to U.S. and European markets after Washington revoked key licenses.

Rosneft, Venezuela, and the Geopolitics of Oil: Igor Sechin’s Key Points at the St. Petersburg International Forum

Luis Alejandro Ruiz9 months ago9 months ago017 mins

At the 28th St. Petersburg International Economic Forum, Rosneft CEO Igor Sechin delivered a speech reshaping the global narrative on energy and power. Titled *“The Global Economy’s Odyssey for the Golden Fleece,”* his address proposed a strategic vision in which Russia, Iran, and Venezuela form an indispensable axis to ensure planetary energy security.

St. Petersburg Hosts SPIEF 2025 with a Focus on International Cooperation, Innovation, and Economic Challenges

Luis Alejandro Ruiz10 months ago10 months ago011 mins

On Wednesday, the 28th edition of the St. Petersburg International Economic Forum (SPIEF) kicked off, bringing together over 20,000 delegates from 140 countries, including Venezuela, Brazil, Mexico, and Cuba. In a world marked by conflicts, sanctions, and shifting alliances, the forum has reaffirmed itself as a vital platform for Russia to pursue international cooperation, offer an economic alternative, and strengthen strategic ties with partners in the Global South to break Western efforts to isolate it. SPIEF is often described as the “Russian Davos,” that is, the Russian counterpart to the World Economic Forum held annually in Davos, Switzerland.

Bloomberg: U.S. Plans to Terminate License for Monómeros

Elias Ferrer10 months ago10 months ago03 mins

The U.S. Treasury Department does not plan to renew the license that allows Monómeros to conduct financial transactions despite sanctions.

Francisco Rodríguez: “A negotiation focused on who cuts off whose head is not going to lead to an agreement”

Luis Alejandro Ruiz10 months ago10 months ago058 mins

Francisco Rodríguez is a renowned Venezuelan economist, who today is a professor at the Josef Korbel School of International Studies at the University of Denver.

Iran and Venezuela close to signing free trade agreement

Luis Alejandro Ruiz10 months ago10 months ago016 mins

Iran and Venezuela are approaching the finalization of a trade agreement that will eliminate tariffs on raw materials and other goods between the two nations.