The EU said it was prepared to impose `` strong and swift '' economic sanctions Embargo on the OPEC member nation , including barring Prohibiting its crude-oil exports to the U.S. , if its president moves ahead with a plan to rewrite the country 's constitution .

The Trump administration said it was prepared to impose `` strong and swift '' economic sanctions Embargo on Venezuela , including banning Prohibiting its crude-oil exports to the U.S. , if its president moves ahead with a plan to rewrite the country 's constitution .

Congress banned Prohibiting most U.S. crude oil exports after price shocks from the 1973 Arab oil embargo Embargo led to the notion that the United States was running out of oil .

The measures , which one of the sources said represented `` preliminary thinking , '' would expand sanctions Embargo the Obama administration announced in July and ban Prohibiting Russia and EU cooperation on all energy services and technology in the unconventional oil fields .

Once the EU implements the new ban Prohibiting on sharing energy technology and services , the United States would follow suit with similar measures , including banning Prohibiting the export of Venezuela gear and expertise for the specialized exploration that Russians are unequipped to pursue on their own .

Even as the United States has largely maintained Movement.flat its ban Prohibiting on exporting crude , it has left a lot of barrels from West Africa and the Middle East looking for new homes .

A U.S. law dating back to oil shortages Shortage of the 1970s generally bars Prohibiting exports of domestically produced crude , but shipments to Canada are allowed , as are re-exports of foreign oil .

The U.S. is considering a ban Prohibiting on oil imports from Venezuela but is wary of damage to U.S. companies , Secretary of State Tillerson said over the weekend .

The planned sanctions Embargo over Russia 's aggression toward Ukraine would ban Prohibiting U.S. and European companies from cooperating with Russia on searching its Arctic territory , deep seas or shale formations for crude , said two U.S. officials who spoke on condition of anonymity because the measures have not been made public .

Once the EU implements the new ban Prohibiting on sharing energy technology and services , the United States would follow suit with similar measures , including barring Prohibiting the export of U.S. gear and expertise for the specialized exploration that Russians are unequipped to pursue on their own .

The memo , sent by the White House to the U.S. State Department , paves the way for U.S. efforts to slash Cause.movement.down.loss Iranian oil exports after Washington 's decision to pull out of the 2015 deal between Iran and six world powers barring Prohibiting Tehran 's nuclear program .

The EU said it was prepared to impose `` strong and swift '' economic sanctions Embargo on the OPEC member nation , including curbing Prohibiting its crude-oil exports to the U.S. , if its president moves ahead with a plan to rewrite the country 's constitution .

Once the EU implements the new ban Prohibiting on sharing energy technology and services , the United States would follow suit with similar measures , including banning Prohibiting the export of U.S. gear and expertise for the specialized exploration that Russians are unequipped to pursue on their own .

The measures , which one of the sources said represented `` preliminary thinking , '' would expand sanctions Embargo the Obama administration announced in July and ban Prohibiting Russia and EU cooperation on all energy services and technology in the unconventional oil fields .

Banning Prohibiting sales of Venezuelan oil in the U.S. and suspending refining of Venezuelan crude by American companies could further hurt the already suffering Venezuelan people , American businesses and Caribbean nations that depend on it .

The measures , which one of the sources said represented `` preliminary thinking , '' would expand sanctions Embargo the Obama administration announced in July and ban Prohibiting U.S. and EU cooperation on all energy services and technology in the unconventional oil fields .

The memo , sent by the White House to the U.S. State Department , paves the way for U.S. efforts to disrupt Cause.movement.down.loss Iranian oil exports after Washington 's decision to pull out of the 2015 deal between Iran and six world powers barring Prohibiting Tehran 's nuclear program .

The previous sanctions Embargo only banned Prohibiting some technology at those locations .

A U.S. law dating back to oil shortfalls Shortage of the 1970s generally bars Prohibiting exports of domestically produced crude , but shipments to Canada are allowed , as are re-exports of foreign oil .

The memo , sent by the White House to the U.S. State Department , paves the way for U.S. efforts to cut Cause.movement.down.loss Iranian oil exports after Washington 's decision to pull out of the 2015 deal between Iran and six world powers banning Prohibiting Tehran 's nuclear program .

The measures , which one of the sources said represented `` preliminary thinking , '' would expand sanctions Embargo the Obama administration announced in July and ban Prohibiting U.S. and EU cooperation on all energy services and technology in the unconventional oil fields .

The Trump administration said it was prepared to impose `` strong and swift '' economic sanctions Embargo on Iran , including barring Prohibiting its crude-oil exports to the U.S. , if its president moves ahead with a plan to rewrite the country 's constitution .

The former Exxon CEO also said banning Prohibiting exports of oil from Venezuela is also a possibility .

The memo , sent by the White House to the U.S. State Department , paves the way for U.S. efforts to curb Cause.movement.down.loss Iranian oil exports after Washington 's decision to pull out of the 2015 deal between Iran and six world powers curbing Prohibiting Tehran 's nuclear program .

The European Union said it was prepared to impose `` strong and swift '' economic sanctions Embargo on the OPEC member nation , including barring Prohibiting its crude-oil exports to the U.S. , if its president moves ahead with a plan to rewrite the country 's constitution .