The move is considered mostly symbolic, as it will not impact areas where oil and gas development is currently underway, and mainly covers zones where drillers have no important prospects, including in the Atlantic and Pacific Oceans.

Even if President-elect Donald Trump manages to overturn Biden’s sweeping ban on new offshore drilling — which seems doubtful despite his promises — it likely won’t bring a massive boost to U.S. oil production,

President Joe Biden banned oil and gas drilling along the U.S. coasts, including off New Jersey. Not everyone in the state is celebrating the move.

Venezuela's President Nicolas Maduro looks on during a meeting of leaders of the member states of the Bolivarian Alliance for the Peoples of Our America and the Treaty of Commerce and Promotion (ALBA-TCP),

The democratic opposition, led by María Corina Machado, has led a courageous and peaceful campaign against Maduro’s fraud, providing evidence via copies of official tally sheets from polling stations to show that opposition candidate Edmundo González won the election by a margin of more than two to one.

The next presidential term in Venezuela is set to begin Friday, as the opposition leader is trying to garner international support following meetings with President Biden, and other world leaders.