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


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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.

“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.”

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GLJ

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.



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