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US hits Venezuela state-owned oil company with sanctions

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WASHINGTON (AP) — The Trump administration imposed sanctions Monday on the state-owned oil company of Venezuela, a potentially critical economic move aimed at increasing pressure on President Nicolas Maduro to cede power to the opposition.

 

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Break in US-Venezuela relations raises fresh concerns for oil market and OPECA sudden escalation in long-burning tensions between the United States and Venezuela could have far-reaching ramifications in the oil market. US only holds interest on their combustible. Bc someone needs oil prices to rise since analysts continually say oil needs to around $60 a barrel...hmmm But trickle down economics don't work 🤔🤔
Källa: CNBC - 🏆 12. / 72 Läs mer »