The Biden administration on Wednesday broadly eased sanctions on Venezuela's oil sector in response to a deal reached between the government and opposition parties for the 2024 election - the most extensive rollback of Trump-era restrictions on Caracas.
The USA cares very much about a functioning economy in Venezuela. That’s why they sanction the leaders who keep stealing money from PVDSA and the children of leaders who somehow are worth millions despite never making more than thousands of dollars.
No, the US cares very much about Venezuela’s oil.
Yes that is a significant part of it. They also wish Venezuela’s agricultural industry functioned because they were a significant food producer before Chavez’ reforms gutted that sector.
Personally I just want El Rey’s Venezuelan chocolate because I can be fairly sure child slavery wasn’t involved in the production of it and it was amazing.