Posts

Ukraine-Russia War News: Live Updates and Latest Video

Ukraine-Russia War News: Live Updates and Latest Video

[ad_1]

Venezuela’s authoritarian government on Tuesday released at least two imprisoned Americans, an American official and Venezuelan human rights defenders said, a potential turning point in the Biden administration’s relationship with Russia’s staunchest ally in the Western Hemisphere.

The release followed a rare trip by a high-level U.S. delegation to Venezuela over the weekend to meet with President Nicolás Maduro, part of a broader Biden administration agenda in autocratic countries that may be rethinking their ties with President Vladimir V. Putin in the aftermath of Russia’s invasion of Ukraine.

The talks with Venezuela, which has enormous proven oil reserves, assumed new urgency after President Biden announced Tuesday that the United States would ban Russian oil and gas imports because of the invasion. That move is expected to further tighten the availability of crude oil on the global market, and could raise gas prices at a moment when inflation has climbed at its fastest pace in 40 years.

“This is a step that we’re taking to inflict further pain on Putin, but there will be costs as well here in the United States,” Mr. Biden said of the ban on Russian oil.

American officials said that the prisoner release was not part of a deal with Venezuela to restart oil sales to the United States, which were banned under the Trump administration. For weeks, American business people who have worked in Venezuela have had back-channel discussions about resuming America’s oil trade with Mr. Maduro’s government.

Venezuela could eventually help make up some of the shortfall caused by the ban on Russian oil. But industry experts warned that Venezuelan oil supplies would do little to tame American gas prices and inflation quickly. Increasing the country’s production may take time after the years of mismanagement and underinvestment that have decimated the country’s energy sector.

Prominent members of Congress have also come out against efforts to thaw relations with Mr. Maduro, whose government has been accused by the United Nations of systematic human rights violations.

“Nicolás Maduro is a cancer to our hemisphere and we should not breathe new life into his reign of torture and murder,” Senator Bob Menendez, a New Jersey Democrat who leads the Senate Foreign Relations Committee, said Monday in a statement.

The released men are Gustavo Cárdenas, an executive at the American branch of Venezuela’s state oil company who was detained in 2017, and Jorge Alberto Fernández, according to a U.S. official and an American businessman who was briefed on the situation. Mr. Fernández, a Cuban American, was a tourist who was accused of terrorism for bringing a drone into Venezuela in February 2021, according to his lawyer.

At least eight other U.S. nationals remain jailed in Caracas on charges ranging from embezzlement to terrorism.

The purpose of the American officials’ visit to Venezuela was to discuss “energy security” and the status of imprisoned Americans, the White House spokeswoman Jen Psaki said in a news conference.

Mr. Maduro said he received the American delegation at the presidential palace and called the meeting “respectful, cordial, very diplomatic.” The talks, he said, would continue. He also said he would restart talks with the country’s opposition.

The Venezuelan government wants to resume oil sales to the United States to take advantage of high oil prices and to replace the revenues from trade channels it built through the Russian financial system that have been frozen by Western nations to punish Russian aggression against Ukraine, according to officials and oil businessmen in the country.

Selling directly to the United States would also allow Mr. Maduro to reap full profits from the highest oil prices in more than a decade, instead of selling the crude at deep discount to a network of middlemen used to bypass the U.S. ban, they said.

Before that ban, Venezuela exported most of its oil to the United States, whose Gulf refineries were built to process the country’s heavy crude.

In 2017, Venezuelan security forces arrested six executives from Citgo Petroleum, the American branch of the state oil company, after the Maduro government summoned them to meetings in Caracas. The State Department has said that all six detainees are U.S. nationals.

The executives were charged with financial crimes and jailed. Their former boss, Nelson Martínez, the head of the state oil company, was detained soon after them and died in custody a year later.

The executives’ families and their lawyers have said that the men, who have come to be known as the Citgo 6, are innocent and that they were lured to Caracas to be used by Mr. Maduro as pawns in his negotiations with the United States.

Venezuela’s treatment of the executives varied as U.S.-Venezuelan relations warmed and cooled. Sometimes the detainees were held in prison, other times in house arrest. Since last year, they have been held in a single…

[ad_2]

Source link