Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Vista Projects
Copper Tip Energy Services
Vista Projects
Copper Tip Energy


U.S. actively looking into Venezuelan oil sanctions: official


English Español 简体中文 हिन्दी Português
These translations are done via Google Translate

WASHINGTON (Reuters) – The Trump administration is actively exploring options to impose sanctions on Venezuela’s oil sector, a senior U.S. official said on Monday, after the White House issued an executive order barring the use of Venezuelan cryptocurrencies.

GLJ
All Business Marketing - Teledyne FLIR
EnergyNow Stand Out 2023 Promo
All Business Marketing - Teledyne FLIR
EnergyNow Stand Out 2023 Promo
GLJ

“We are considering all options, including oil sector sanctions options,” a senior administration official told reporters on a conference call. “We are actively considering what steps we want to take and what the best timing is to maximize the effect of our actions.”

The official said oil sanctions would not only have an impact on the government in Caracas, but also ordinary Venezuelans, countries in Central America and the U.S. economy.



Share This:



More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE