US ‘drills’ Venezuela’s ‘corrupt oil firm with sanctions

0SHARES

President Trump’s National Security Advisor John Bolton announced that the administration had approved sanctions against Venezuela’s state-run oil company, PDVSA.

According to the BBC, the sanctions would block all of PDVSA’s interests “subject to US jurisdiction, and prohibits any US citizen from having any financial dealing with the firm.

Many lawmakers are applauding the administration’s move against Venezuela’s oil lifeline, which is heavily reliant on US consumption.

Trending: Trump threatens Mexico with armed soldiers at border

“All property & interests of PdVSA are now blocked & U.S. persons are generally prohibited from engaging in transactions with them. #Venezuela’s oil belongs to the Venezuelan people & the money for oil will now go to them through the legitimate government of @jguaido,” said U.S. Senator Marco Rubio.

take our poll - story continues below

Should incarcerated criminals have the right to vote?

  • Should incarcerated criminals have the right to vote?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Hispolitica updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

Rubio has been the loudest voice of opposition against Maduro since he took office. Rubio is still under a security detail after it was learned that in 2017, a high-ranking Venezuelan official put out the “order to have Senator Rubio assassinated,” leaving the government no choice but to guard the junior senator with security both in Washington and Miami.

Thus far, some 20 other countries have joined the US in acknowledging opposition leader Juan Guaido as Venezuela’s “legitimate” president.

Meanwhile, the violence and death rate continues to rise as government forces clash with Guaido supporters, leaving the American and International community to speculate that Trump may have to use military force to push out Maduro and his loyalists.

During his press conference announcing the sanctions, Bolton held up a yellow pad with a note that read “5,000 troops to Colombia,” prompting news outlets to suspect and assume that military action was imminent.

Trump is on record of saying that “all options are on the table” in dealing with Maduro.

“As the president has said, all options are on the table,” White House spokesman reiterated shortly after the sanctions were announced.



0SHARES
Javier Manjarres is a nationally renowned award-winning South Florida-based political journalist owns Diverse New Media, Corp. which publishes Floridianpress.com, Judicialpost.com, shark-tank.com, and Hispolitica.com He enjoys traveling, playing soccer, mixed martial arts, weight-lifting, swimming and biking. He ran as a Republican in the 2018 congressional primary race in Florida's CD 22. Javier is also a political consultant, and has also authored "BROWN PEOPLE," which is a book about Hispanic Politics. Learn more at www.brownpeople.org Email him at Diversenewmedia@gmail.com

 

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.