The U.S. administration has reinstated sanctions on Venezuela's oil and gas sector due to President Nicolás Maduro's failure to commit to free and fair elections.
Key Points
Sanctions imposed on Venezuela's oil and gas sector
Accusations against President Nicolás Maduro for not committing to free and fair elections
Pros
Pressure on Venezuelan government to hold free and fair elections
Signal to other countries to uphold democratic principles
Cons
Impact on Venezuelan economy and people
Potential for increased tensions between U.S. and Venezuela