US Sanctions Venezuela Oil Vessels

Intro

Vice President of the United States, Mike Pence, sanctioned 34 vessels of Venezuela’s state oil company and two companies that ship crude to Cuba as Washington pushes to oust President Nicolas Maduro.

He said in a speech at Rice University, “Venezuela’s oil belongs to the Venezuelan people.

“Those looking on should know this: All options are on the table. And Nicolas Maduro would do well not to test the resolve of the United States of America,” he said.

“The United States will continue to exert all diplomatic and economic pressure to bring about a peaceful transition to democracy,” he said.

The action is the latest by the United States as it tries to squeeze revenue from the cash-strapped leftist government, which has nonetheless held onto power and enjoys backing from China and Russia.

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