U.S. sanctions Venezuelan state oil firm, escalating pressure on Maduro

The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela, January 28, 2019. REUTERS/Andres Martinez Casares

WASHINGTON/CARACAS (Reuters) – The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, aimed at severely curbing the OPEC member’s crude exports to the United States and at pressuring socialist President Nicolas Maduro to step down. Minutes before the announcement, Juan Guaido, the Venezuelan opposition leader who proclaimed himself interim president […]

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