"U.S. Reimposes Oil Sanctions on Venezuela, GOP Senators Demand Biden Take Action"

The Biden administration has decided not to renew a license that had eased Venezuela oil sanctions, citing President Maduro's failure to meet election commitments. The move comes after threats to reinstate energy sanctions unless Maduro fulfilled promises made in a U.S.-backed election deal. While the U.S. plans to reimpose punitive measures, it will continue engaging with Maduro's representatives and is stopping short of a full return to the "maximum pressure" campaign. The decision is based on concerns about Venezuela's electoral conditions and the actions of its authorities, and it could impact global oil prices and Venezuelan migrants.