Title : U.S. Sanctions Battering Venezuela's Oil Economy
link : U.S. Sanctions Battering Venezuela's Oil Economy
U.S. Sanctions Battering Venezuela's Oil Economy
Carlos Garcia Rawlins. Reuters
Business Insider: The lifeblood of Venezuela's economy is taking a beating in the wake of Trump's sanctions
* Oil shipments from Venezuela have reportedly fallen by more than a third over the past month.
* That's after the Trump administration imposed sanctions on the country's state-run oil industry.
* The sanctions were rolled out in an attempt to cripple the government of President Nicolas Maduro, who is facing global pressure to cede power to opposition leader Juan Guaidó.
Venezuela's oil shipments have reportedly fallen sharply since the US hit the country with energy sanctions.
Reuters reported Thursday that oil shipments from the country dropped 40% to 920,000 barrels per day over the past month.
The Trump administration said in January it would impose economic penalties against PDVSA in an attempt to cripple the government of President Nicolas Maduro, who is facing global pressure to cede power to opposition leader Juan Guaidó.
Read more ....
WNU Editor: This is only going to get worse.
Thus Article U.S. Sanctions Battering Venezuela's Oil Economy
That's an article U.S. Sanctions Battering Venezuela's Oil Economy This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article U.S. Sanctions Battering Venezuela's Oil Economy with the link address https://infotodays1.blogspot.com/2019/03/us-sanctions-battering-venezuelas-oil.html
0 Response to "U.S. Sanctions Battering Venezuela's Oil Economy"
Post a Comment