Evaluating the Impact of Ending Diesel Swaps in Venezuela1 min read

In fall of 2020, the Trump administration doubled down on its “maximum pressure” campaign towards Venezuela, ending exceptions in U.S. sanctions that allow the state oil company to trade crude oil in exchange for diesel fuel. In Venezuela, diesel is primarily used for power generation and bulk cargo transport, which is necessary for the distribution of food, medicine, and humanitarian supplies in the country. For this reason human rights groups, economists, and even several opposition politicians have spoken out against the decision to end diesel swaps, warning that it could have a devastating impact on the general population.

Join WOLA at 9:30 a.m. EST on Friday, February 12 for an engaging discussion with experts on Venezuela’s energy sector, public opinion, and the country’s fragile supply chain. The panelists will explore the potential impacts of this measure, and public opinion polling around the effort to restrict diesel fuel imports to the country.