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

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

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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FREE Resource

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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the main purpose of the sanctions announced against Rosneft?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Venezuela's oil production currently compare to its past?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does Rosneft play in the oil trade between Venezuela and other countries?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications do the sanctions have for companies operating in Venezuela?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Chevron's waiver from the State Department?

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