In a statement made via the united states on November 27, it used to be announced that it had determined to ease oil sanctions in Venezuela so as to beef up the settlement of the parties. Following the verdict to ease the us sanctions, it used to be introduced that a settlement was signed with the oil giant Chevron for the extraction of Venezuelan oil. Comparing the issue on the press conference held in the capital Caracas after the events, Nicolas Maduro said about the u.s. administration’s easing of the oil embargo, “it is definitely a step within the right route, but these are insufficient for Venezuela, which calls for the removal of all unilateral coercive sanctions in the oil sector.” used strong> statements. Washington’s unilateral sanctions towards his country, former US President Donald Trump’s “financial system in the global”<< Describing it as an tried removal, Maduro mentioned, "in the event that they want unfastened elections, we wish elections with out sanctions.". Maduro’s observation came after Washington allowed the u.s. oil company Chevron to extend manufacturing in Venezuela and produce the u . s . a .’s crude oil to the united states, AA quoted.