Tag Archives: Venezuela

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.

On February 4. most European Union member-states recognized Guaido as Venezuela’s interim president.

Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.

Currently. Washington'.s sanctions apply only to US entities.

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