Venezuela’s oil boom crashed into a 73% economic contraction fueled by extreme subsidies, $300 billion lost to corruption, PDVSA underinvestment, and U.S. secondary sanctions that slashed oil output and deepened collapse.

If there's one part of foreign policy where President Donald Trump has been consistent, it's economic sanctions on Iran. During his first presidency, Trump imposed what the State Department called a "super-maximum economic pressure campaign." Throughout ...

Why Venezuela’s vast oil reserves and growing ties with Russia, China and Iran turned the country into a major strategic flashpoint for the United States, reshaping sanctions, geopolitics and power equations in the Western Hemisphere.

Venezuela could lose the bulk of its oil export revenues this year if the U.S. blockade stays in place, according to internal government estimates, a scenario that would set off a humanitarian crisis.

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Ten years after wide-ranging UN sanctions on Iran over its nuclear programme were lifted under a landmark deal with world powers, the economic measures are likely to be reimposed Saturday evening. The Barron's news department was not involved in the creation of the content above. This article was produced by AFP. For more information go to AFP.com.

Broad economic sanctions, most of which are imposed by the U.S. government, kill hundreds of thousands of innocent people each year — disproportionately children. This week the Lancet Global Health journal published an article that estimated that number ...

United Nations: A raft of UN sanctions on Iran over its nuclear program, lifted under a landmark 2015 deal, went back into force late Saturday. The sanctions were reimposed because the "E3" European group -- Britain, France and Germany -- triggered a ...

Iranian President Masoud Pezeshkian has acknowledged the validity of a key driver for the agitation: frustrations over Iran’s economic conditions.