Venezuela, in Historic Shift, Moves to Scale Back Fuel Subsidy

The routine of Nicolás Maduro, grappling with intense gasoline shortages, explained it will scale again its longstanding gasoline subsidy and privatize provider stations, in a significant shift for Venezuelans lengthy accustomed to filling up their automobiles free of charge.

The steps, which choose impact on Monday, are a gamble for Mr. Maduro as he struggles with a devastating economic crisis and tries to outlast U.S.-led sanctions intended to topple his authoritarian administration.