Tag Archives: John Bolton

Iran has threatened that it will close Hormuz Strait if US blocks the country'.s oil exports.

The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.

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

The Indian market is crucial for Venezuela’s economy.

The sanctions block all payments to PDVSA accounts.

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

Trump gave India a temporary exemption from the embargo. which carried economic penalties for violations.

PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.

The US has sanctioned Nicaragua’s Albanisa company. which exports and sells Venezuelan oil products.

Maduro and the Venezuelan people are resisting this coup attempt by the interventionist North American country.