H.R. 9995, also known as the "Revoke Exemptions for Venezuelan Oil to Curb Autocratic Repression Act of 2024" or the "REVOCAR Act," aims to stop any investment or business by U.S. persons in the energy sector of Venezuela until its government acknowledges the legitimate...
Simple Explanation
The REVOCAR Act says that people in the United States can't put money into Venezuela's energy until Venezuela listens to the results of their 2024 election, but the President can make exceptions if it's important for the country.