WASHINGTON, April 17 -- Senate Foreign Relations Committee Ranking Member issued the following news release:

U.S. Senators Jim Risch (R-Idaho), ranking member of the Senate Foreign Relations Committee, and Marco Rubio (R-Fla.), ranking member of the Subcommittee on the Western Hemisphere, today released the following statement on the Biden Administration's decision not to extend a license to do business with Maduro's oil industry:

"Today's announcement that President Biden will not renew a general license to do business with the Maduro regime's oil and gas sector is long-overdue and insufficient given the realities on the ground in Venezuela. Nicolas Maduro has violated yet another negotiated agreement by undermining the democratic opposi...