US slaps de facto oil ban on Venezuela
With new sanctions on Venezuela's state-owned oil major PDVSA, the Trump administration deals its toughest blow yet to Venezuelan leader Nicolas Maduro, essentially blocking the country from exporting crude oil to the US.
BY SALEHA MOHSIN AND JENNIFER EPSTEIN, BLOOMBERG
The Trump administration dealt its toughest blow yet to the authoritarian Venezuelan leader Nicolas Maduro, issuing new sanctions on the nation's state-owned oil company PDVSA that effectively block his regime from exporting crude to the US.
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