US announces sanctions against Venezuela’s state oil company PDVSA

US announces sanctions against Venezuela’s state oil company PDVSA

Published time: 28 Jan, 2019 20:36Edited time: 28 Jan, 2019 20:46

Washington has imposed sanctions against the Venezuelan state oil company PDVSA, seizing $7 billion in assets, Treasury Secretary Steven Mnuchin announced.

The US is trying to force recognition of Juan Guaido as president in Caracas.

Munchin said that the move is to “to help prevent the further diversion” of assets by “former president Maduro.”

Source: https://www.rt.com/news/449994-us-sanctions-venezuela-oil-maduro/