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US Issues New Venezuelan Sanctions, Adding 5 People to List - Treasury Dept.
US Issues New Venezuelan Sanctions, Adding 5 People to List - Treasury Dept.
Sputnik International
Previously, S&P Global Platts reported that the oil market would lose 370,000 barrels of crude oil per day due to the US sanctions against Venezuela. 15.02.2019, Sputnik International
2019-02-15T14:53+0000
2019-02-15T14:53+0000
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newsfeed, latin america, venezuela, juan guaido, nicolas maduro, us treasury department, political crisis in venezuela, us
US Issues New Venezuelan Sanctions, Adding 5 People to List - Treasury Dept.
14:53 GMT 15.02.2019 (Updated: 12:35 GMT 06.08.2022) Previously, S&P Global Platts reported that the oil market would lose 370,000 barrels of crude oil per day due to the US sanctions against Venezuela.
"Treasury continues to target officials who have helped the illegitimate Maduro regime repress the Venezuelan people", a statement issued on Friday read.
According to the US Treasury, the new sanctions target Venezuela's Oil Minister Quevedo Fernandez and four other individuals close to President Nicolas Maduro, including the head of the Venezuelan National Intelligence Service (SEBIN) and the commander of the Presidential Guard.
READ MORE: Zakharova Mocks Bolton's Threat Against Those "Undermining" Venezuelan Democracy
9 February 2019, 23:07 GMT
The political crisis in Venezuela erupted in late January after the leader of the opposition-led Venezuelan National Authority, Juan Guaido, proclaimed himself the interim president. The United States and other countries have called Maduro's government "illegitimate" and backed Guaido, calling for a new vote. In addition, Washington has imposed numerous rounds of sanctions on Caracas, also seizing assets of the Latin American state.
Russia, Turkey, and China, as well as several other countries, have refused to support the opposition leader, backing Maduro as the country's legitimate president.