US Mulls Sanctioning Venezuelan Oil as ‘Economic War’ Continues
NOVANEWS
A tire is set to fire by opposition protesters, May 31, 2017. | Photo: Reuters
The U.S. is considering sanctions against the country’s oil sector, while its right-wing opposition has declared an “economic war” against it.
The Trump administration is debating imposing sanctions on Venezuela’s oil sector, while Washington has raised “concern” about U.S. firms giving a “financial lifeline” to the South American nation.
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Reuters reported Sunday that the White House could hit Venezuela’s vital oil and energy sector, including state-run oil company PDVSA, with a number of different sanctions, including the possibility of a blanket ban on Venezuelan oil imports — imports t...