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Joe Biden Eases Oil and Gas Sanctions on Top Iran Ally Venezuela, Likely Funding Hamas

CARACAS — The Biden administration temporarily lifted oil and gas sanctions on Venezuela on Wednesday evening, allowing the socialist regime of dictator Nicolás Maduro to sell oil in U.S. and international markets.

The sanctions relief is the largest concession of its kind to Maduro under leftist American President Joe Biden since he took office in 2021. It occurred on the same day that United Nations sanctions on Iran’s missile program expired and hours before Iran — a critical ally to Maduro and partner in rehabilitating Venezuela’s oil industry — once again threatened to destroy key American ally Israel.

Venezuela’s socialist regime has maintained deep ties to Iran and Hamas that stretch beyond their shared anti-U.S. and anti-Israel sentiments, including generous businesses and farmland gifts to the Islamic regime.

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