US targets Venezuela oil company chief, others with sanctions

Eleven people arrested after explosion, fire at gas complex, Venezuela minister says
FILE PHOTO: President of the Venezuelan state oil company PDVSA Hector Obregon attends a press conference held by Venezuela's Vice-President and Oil Minister Delcy Rodriguez at the Miraflores Palace, in Caracas, Venezuela November 18, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo
Source: REUTERS

The United States issued new Venezuela-related sanctions on Friday, including measures targeting state oil company PDVSA chief Hector Obregon, according to a notice on the Treasury Department's website.

President Nicolas Maduro and his government have always rejected sanctions by the United States and others, saying they are illegitimate measures that amount to an “economic war” designed to cripple Venezuela.

Maduro and his allies have cheered what they say is the country’s resilience despite the measures, though they have historically blamed some economic hardships and shortages on sanctions.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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