No, those sanctions were on very specific people, not companies or industries. Those came later in 2019 https://en.wikipedia.org/wiki/Sanctions_during_the_Venezuela...
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Not quite. A useful term related to sanctions is overcompliance. You can read the exact verbiage of some of the earliest sanctions here. [1] In a nutshell engaging in any form of trade (including transfer of expertise or whatever else) that directly or indirectly benefited a sanctioned person could trigger extremely harsh penalties.
Many government officials in Venezuela have direct involvement with various industries, including oil. So it suddenly becomes this extremely complex and dangerous mess when doing any trade whatsoever with Venezuela. This is why their economy completely collapsed following the sanctions.
[1] - https://www.federalregister.gov/documents/2015/03/11/2015-05...
Our collapse predates the sanctions.
Also, Maduro is willing to trade our natural resources if it gets him more years in power:
https://www.nytimes.com/2025/10/10/world/americas/maduro-ven...
Absolutely, which makes this whole thread all the more absurd, or at least typical. It seems increasingly likely we'll get a war in Venezuela, likely supported by this Nobel Peace Prize winner, with the goal of installing her in power. It seems Guaido is out of fashion? Anyhow, if "we" win, and she gets installed, you know the first thing she's going to do? Trade access to your natural resources for wealth and power. They're the only reason the US is there. And then in a decade you'll be ranting against her.
Look at the history of people the US sponsors in regime change operations around the world, and how things turn out. So long as they're loyal to the US, first and foremost, anything goes. Carlos Castillo Armas, Fulgencio Batista, Humberto Castelo Blanco, Augusto Pinochet, Efrain Rios Montt and many more though I'm limiting myself to the Americas. Of course I can fully understand the perspective that 'anything must be better than this shit show.' But it often turns out, in hindsight, that that's not exactly the case.
And in general this is a big part of the reason that I'm highly opposed to the US meddling in countries around the world. There's always such a heavy price to pay in American dollars and the blood of others. And.. for what? Yeah yeah, this time it's different...
My man the alternative we are currently suffering is WAY worse, you think we care if we do business with the US once we recover our democracy? It’s what I’m expecting. The country needs a lot of foreign investment, the US was our main partner before these criminals came to power.