Trump wants to ‘dictate’ Venezuela’s oil sales indefinitely, looks to take control of state-run PDVSA: Report

The Donald Trump administration on Wednesday said that it will control Venezuela’s oil sales “indefinitely” by dictating the country’s interim leadership on it, days after it toppled the Nicolas Maduro government. Trump’s reiteration of asserting US dominance over Venezuelan oil comes even as the oil-rich country’s interim leader Delcy Rodriguez saying there is no foreign…

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US hits Chinese oil firms and tankers in stepped-up Venezuela sanctions push

The Trump administration has intensified its pressure on Venezuela’s vital oil sector by imposing sanctions on companies based in mainland China and Hong Kong, along with several oil tankers accused of helping Caracas evade longstanding US restrictions, Bloomberg reported. The move signals a sharper warning to Beijing as Washington DC escalates its confrontation with the…

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