Geopolitical Dimensions in the Energy Sector of the Strategic Alliance between Iran and Venezuela

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The new state of volatility in the geopolitical scene represents a shift from the hostile stance of the administration of former US President Donald Trump, as the United States , under President Joe Biden, is reconsidering its approach towards Venezuela.

This comes after Washington – which was previously intent on changing the country’s system of government – imposed sanctions on Venezuela’s oil sector in 2019, and supported opposition leader.

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