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Kremlin seeks US clarification on Venezuelan oil sanctions, cites investment concerns

Elif Şanlı
16:08, 11/02/2026, Wednesday
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Kremlin seeks US clarification on Venezuelan oil sanctions, cites investment concerns
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Moscow is actively engaging Washington through diplomatic channels to clarify new US Treasury restrictions on Venezuelan oil that target Russian entities. Kremlin spokesman Dmitry Peskov stated Russia's long-term investments in Venezuela necessitate discussions, while also addressing Vance's Caucasus visit and Telegram restrictions.

The Kremlin has confirmed it is utilizing existing communication lines with Washington to seek clarification on recently imposed US sanctions affecting Venezuelan oil operations that specifically target Russian interests. Spokesman Dmitry Peskov told reporters Wednesday that Moscow's substantial investments and ongoing projects in Venezuela's energy sector warrant bilateral discussion with the United States.

Response to New US Treasury Restrictions

Peskov was responding to a Tuesday directive from the US Department of the Treasury prohibiting transactions with Russian, Iranian, North Korean, and Cuban entities involved in Venezuelan oil operations. The license also restricts dealings with Venezuelan and US firms owned or controlled by Chinese interests. Describing this as a "fairly new decision," Peskov affirmed Russia's intention to raise the matter through diplomatic channels, citing mutual economic interests on the bilateral agenda.

Observations on Vance's Caucasus Visit

Regarding US Vice President JD Vance's three-day visit to the South Caucasus, Peskov acknowledged the sovereign right of Armenia and Azerbaijan to cultivate foreign partnerships. He emphasized Russia's comprehensive bilateral relationships with both nations across multiple sectors. When questioned about newly signed US-Armenia nuclear cooperation agreements, Peskov asserted Russia's nuclear expertise remains superior and more cost-competitive, stating Russia can deliver "better quality for less money, lasting for many years."

Telegram Restrictions and Ukraine Questions

On domestic matters, Peskov confirmed ongoing contact with Telegram representatives but maintained the platform's non-compliance with Russian law necessitates regulatory limitations. He dismissed suggestions that slowing Telegram affects frontline military communications, deferring such queries to the Defense Ministry. Regarding speculation about Ukrainian elections or referendums, Peskov cautioned against premature conclusions, noting conflicting signals from Kyiv sources and emphasizing the absence of official statements from primary authorities.

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