The potential re-imposition of U.S. sanctions on Venezuela’s oil and gas sectors could significantly impact the country’s oil revenue, energy investments, and domestic fuel supply, according to industry experts. What Happened: The U.S. has ordered a cessation of all business transactions between U.S. entities and Venezuela’s state miner Minerven. The U.S. has also indicated that it will reverse its relaxation of energy sanctions in April if President Nicolas Maduro‘s administration fails to adhere to the terms of a previously signed agreement for a fair presidential election, reported Reuters….
