Three Key Takeaways from OFAC’s Latest Venezuela Sanctions Actions

The actions are the latest in a string of recent designations targeting entities involved in the Venezuelan oil sector, which has been a particular focus for OFAC of late. The latest actions offer a number of insights for companies doing business with Venezuela and operating in the oil and shipping industries more broadly. We highlight three key takeaways below. By Steptoe & Johnson LLP. Full Text-> Lexology

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