U.S. officials express concerns about Venezuela's electoral process in a secret meeting with representatives of President Maduro in Mexico. The Biden administration is considering reimposing oil sanctions on Venezuela if Maduro fails to make progress on free and fair elections.
Key Points
U.S. officials express concerns about Venezuela's electoral process
Biden administration considering reimposing oil sanctions on Venezuela
Meeting held in Mexico City with Maduro representatives
Concerns about potential impact of reimposing sanctions
Pros
Diplomatic engagement with Maduro marks a major shift from previous 'maximum pressure' policy under Trump.
Cons
Possible repercussions on global oil prices and increased Venezuelan migration to the U.S.-Mexico border if sanctions are reimposed.