TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Biden’s peak democracy: Venezuela will legally sell its oil to US and Europe

Kanika Batra Arora by Kanika Batra Arora
June 9, 2022
in Americas, Geopolitics
Venezuelan oil

SOURCE- Univision

Share on FacebookShare on X

Biden seems to be perplexed by the meaning of ‘democracy.’ On one hand, his administration is assisting Ukraine in maintaining its so-called democracy, while on the other, it has decided to engage with Venezuela’s authoritarian regime of Maduro. People familiar with the situation told Reuters that the US will resume allowing Venezuelan oil to flow to Europe.

The publication stated on Sunday that the Italian and Spanish companies Eni SpA and Repsol SA could begin shipping Venezuelan oil to Europe as early as next month after the Biden administration approved the proposal last month.

Also Read

Zelensky: NATO should get our money ready, Ukraine expects $3.5 billion NATO fund for US weapons to sustain war effort

Starlink’s new Rival: Russia all set to match Elon Musk’s Starlink satellite network with the powerful ‘Rassvet’

Poland calls for a NATO-backed no-fly zone over Ukraine to counter Russian drone attacks, while President Nawrocki seeks nuclear access via France. Shift in Poland’s Strategic Aspirations amid growing European Tension? 

Biden is going easy on Maduro

Nonetheless, in a fruitless drive to oust Maduro and restore what it perceives as Venezuela’s stolen democracy, the US has utilised harsh financial and personal sanctions, criminal charges, and assistance for clandestine groups for the past five years.

Following the Trump administration’s series of sanctions against the Maduro dictatorship, which included a blockade on Venezuelan oil, Venezuela and the United States severed diplomatic ties in 2019.

For example, the oil sanctions are designed to “to cut off those sources of financial income and prevent the oil industry from being exploited for patronage,” State Department’s Carrie Filipetti told a U.S. Senate committee in 2020.

Also Nicolás Maduro of Venezuela was accused by the U.S. and the West of election fraud in 2019, with the White House recognizing opposition leader Juan Guaidó as the real president.

Read more: A Venezuela-like food crisis is about to hit every country in Europe

In his fervent loathing for Russia and Vladimir Putin, Joe Biden, on the other side, has recently taken unprecedented steps to counter Russia. In March, US officials travelled to Caracas, Venezuela’s capital, to meet with Maduro after Russia’s invasion of Ukraine upended the world order and compelled Washington to rethink its national security objectives. In addition, the US government is easing a few economic sanctions against Venezuela in an effort to urge the US-backed opposition and President Nicolás Maduro’s government to resume talks.

The US State Department recently awarded the two businesses permission to resume oil exports to Europe. Eni SpA, an Italian oil company, and Repsol SA, a Spanish oil business, could start transporting Venezuelan oil to Europe as early as next month. This is being done to alleviate the pain that Europe is experiencing as it reduces its reliance on Russian oil in the midst of the Russia-Ukraine crisis.

Everything is fair for Biden

However, talks of lifting those sanctions and engaging more with Venezuela about oil were earlier criticized by the US lawmakers as well. They cautioned that lifting the sanctions would only serve to legitimise Maduro’s authoritarian administration.

Biden Seeks Negotiated Solution in Venezuela to End Crisis - Bloomberg
Source- Bloomberg

An agreement with Maduro for the purchase of Venezuelan oil, according to Senate Foreign Relations Committee Chairman Bob Menendez (D-N.J.), “risks perpetuating a humanitarian disaster that has destabilised Latin America and the Caribbean for a whole generation.”

Nonetheless, Biden is willing to go to any length in his disdain for Vladimir Putin. He’s also dismissing these lawmakers’ reasonable concerns, even if this means legitimizing dictators in America’s neighbourhood. The same United States that talks about protecting democracy in Ukraine is boosting Venezuela’s authoritarian administration. The Biden administration is now keen to recognize the Maduro regime as legitimate. Hence, Biden seems to be totally going haywire and he is forgetting what is ethically right and what is not.

 

Tags: BidenMaduroRussiaShort takesVenezuela
ShareTweetSend
Kanika Batra Arora

Kanika Batra Arora

Associate Editor at TFIGlobal. An artist by god's grace, geopolitics enthusiast, sapiophile.

Also Read

Zelensky: NATO should get our money ready, Ukraine expects $3.5 billion NATO fund for US weapons to sustain war effort

Zelensky: NATO should get our money ready, Ukraine expects $3.5 billion NATO fund for US weapons to sustain war effort

September 18, 2025
Saudi Arabia and Pakistan's new Mutual Defense Treaty marks a historic shift, right after Israel attacks Qatar, challenging U.S. dominance as the Gulf’s security guarantor. Is it Slap on Washington’s Face? 

Saudi got NUKE Access? Saudi Arabia and Pakistan’s new Mutual Defense Treaty marks a historic shift, right after Israel attacks Qatar, challenging U.S. dominance as the Gulf’s security guarantor.

September 18, 2025
Starlink’s new Rival: Russia all set to match Elon Musk’s Starlink satellite network with the powerful ‘Rassvet’

Starlink’s new Rival: Russia all set to match Elon Musk’s Starlink satellite network with the powerful ‘Rassvet’

September 18, 2025
Hanged Over a Letter to Zelenskyy"? Iran Executes Man Accused of Espionage for Israel. Unravel the mystery behind it 

Hanged Over a Letter to Zelenskyy? Iran Executes Man Accused of Espionage for Israel. Unravel the mystery behind it 

September 17, 2025
Modi vs NATO? India’s Role in Zapad-2025 Sparks Western Outrage but Reality Tells a Different Story

Modi vs NATO? India’s Role in Zapad-2025 Sparks Western Outrage but Reality Tells a Different Story

September 17, 2025
India and Airbus solidify billion dollar partnership as orders for 100s of new aircrafts help the the Airline maufacturer zoom ahead of its rivals

India and Airbus solidify billion dollar partnership as orders for 100s of new aircrafts help the the Airline maufacturer zoom ahead of its rivals

September 17, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.