Exclusive: Venezuela's PDVSA orders oil cargoes going to the U.S. to be prepaid

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Venezuela's state-run oil company PDVSA has ordered customers that have tan...

 

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Oh, they know Trump.

This just got interesting

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Good step

Logical

History repeats.

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Venezuela's PDVSA, in default, says total debt fell in 2018Venezuela's state-run oil company PDVSA [PDVSA.UL] said on Tuesday its debt...
Source: Reuters - 🏆 2. / 97 Read more »

The Latest: Rubio says US to sanction Venezuela's oil coCARACAS, Venezuela (AP) — The Latest on the political crisis in Venezuela (all times local): 4:30 p.m. Sen. Marco Rubio says the U.S. will hit Venezuela's state-owned oil company with sanctions aimed at increasing pressure on President Nicolas Maduro to step down from office. The Florida Republican and two people briefed on the administration's plans say Treasury will impose penalties as early as Monday on the company known by its acronym PDVSA. The sanctions will include a freeze on any assets the firm may have in U.S. jurisdictions and bar Americans from doing business with it. The two people briefed on the sanctions were not authorized to discuss the matter publicly and spoke on condition of anonymity. Rubio praised the Trump administration for taking the action, which follows its earlier decision to recognized opposition leader Juan Guaido as the interim president. — Matthew Lee in Washington. kylegriffin1 While going easy on Russia. Great. so it is a US coup kylegriffin1 What about Russia?
Source: AP - 🏆 728. / 51 Read more »

Will the Trump Administration's Venezuela sanctions cause a rise in U.S. gas prices?The U.S. sanctioned the Venezuelan state-owned oil and gas company PDVSA, which is Venezuela’s biggest source of revenue. No Perhaps, but there’s 100% chance trump will try to pin this on President Obama and the Dems. Trump is a businessman.
Source: Newsweek - 🏆 468. / 52 Read more »