US President Donald Trump is conducting policies of “maximum pressure” on two countries, Venezuela and Iran. In Venezuela, Russia’s state-owned oil company, Rosneft, actively undercuts this US policy by helping Caracas circumvent Washington’s tough economic sanctions. Yet Washington has not applied broad sanctions against the giant Russian company. In Iran, Rosneft may be playing an analogous role in undercutting what President Trump often refers to as “the toughest sanctions ever imposed on a country.”

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