REVOCAR Act of 2025

This bill would stop people and companies in the United States from investing, trading, or doing business in Venezuela’s energy sector. It also blocks providing goods, services, or financing to Venezuela’s state oil company (PDVSA) and to the Maduro regime, and it bans attempts to dodge these rules.

The ban starts as soon as the law takes effect and applies even if a contract or license was already in place. The Treasury Department will write and enforce the rules, and violations can bring penalties under existing federal sanctions law.

These restrictions end early if the Maduro regime recognizes the July 28, 2024 election result for Edmundo Gonzalez and gives up power, or else they expire on December 31, 2027. The President can grant case-by-case waivers for up to 90 days, and renew them, if doing so is vital to U.S. national security and reported to Congress.

Key points

• Who is affected: U.S. citizens, lawful permanent residents, U.S. companies (including foreign branches), and anyone physically in the United States.
• What changes: No investing, trading, or operating in Venezuela’s energy sector, including support to PDVSA or the Maduro regime, and no attempts to evade the rules.
• When: Effective upon enactment; ends when the 2024 election result is recognized and power is transferred, or by December 31, 2027, whichever comes first; temporary waivers are possible with conditions.