Earlier in the day, US media reported the Biden administration was in talks with the government of President Nicolas Maduro regarding potentially lifting sanctions imposed on Venezuela in exchange for Caracas holding fair elections.
According to the source, the Biden administration informed the Venezuelan opposition about its plan but they rejected the idea, claiming the Maduro government has not offered any concessions.
However, the pressure from the European Union is strong to lift the sanctions, the source said, which estimated the United States may follow through with its plan by January or sooner.