Tag Archives: Central America

Before sanctions. the US used to be the largest buyer of Venezuelan crude.

The blackouts suspended operations at Venezuela’s largest oil export terminal.

The US. along with 50 other countries recognized Guaido as the legitimate President.

Rystad Energy forecasts that some operators in Venezuela will run out of naphtha by this month.

The Indian market is crucial for Venezuela’s economy.

Washington blocked PDVSA'.s assets at $ 7 billion and threatened to block the accounts of oil buyers from Venezuela.

Around 70% of Venezuelan oil since sanctions have been implemented in went to PdVSA’s customers in Asia.

The sanctions block all payments to PDVSA accounts.

The steps are part of a wider effort by the United States to undermine Mr Maduro.

The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.