U.S. Sanctions Russia's Rosneft Over Ties to Venezuela

The video discusses the US sanctions targeting Rosneft's trading arm in Switzerland, which is crucial for Venezuela's oil trade with countries like China and India. These sanctions aim to cut off Venezuela's main source of hard cash, impacting its economy. The video also explores the potential effects on foreign companies like Chevron, which may face operational challenges in Venezuela due to expiring waivers.

What is the primary focus of the sanctions announced against Rosneft?

• The entire company

• The trading arm based in Switzerland

• All employees of Rosneft

• Rosneft's operations in Russia

Which countries are primarily receiving oil from Venezuela through Rosneft?

• United States and Canada

• China and India

• Brazil and Argentina

• Germany and France

How does the US view Rosneft's involvement in Venezuela's oil sales?

• As a minor issue

• As a major lifeline for Venezuela to evade sanctions

• As irrelevant to US policies

• As beneficial for US interests

What is the status of Chevron's operations in Venezuela?

• Chevron has completely withdrawn

• Chevron has a waiver from the US State Department

• Chevron is expanding its operations

• Chevron is unaffected by US sanctions

What is the main concern regarding Chevron's future in Venezuela?

• Whether it will receive more funding

• If it will continue to be allowed to operate

• If it will increase oil production

• Whether it will merge with Rosneft