Trump Could Hit Venezuela Where It Hurts: Oil
Trump Could Hit Venezuela Where It Hurts: Oil
"I'm not convinced [the U.S. government is] going to move forward to sanction [Venezuela's] energy sector," commented AS/COA's Eric Farnsworth.
Venezuelan President Nicolas Maduro has called for a vote on Sunday that Trump and many other critics say will transform the South American government into dictatorship...
Trump also threatened further "strong and swift economic action" if Maduro goes through with the vote. Senior administration officials say "all options are on the table," which means Trump could ban shipments of Venezuelan oil to the U.S. Or U.S. oil going to Venezuela. Or both...
Lea el artículo en español aquí.
Given all the risks, some doubt Trump would actually go forward with a broad sanction on Venezuelan oil.
"Once you deploy a sanction, there can be unintended consequences," says Eric Farnsworth, vice president at the Council of the Americas, a business association. "I'm not convinced they're going to move forward to sanction the energy sector."
Trump administration officials say any further sanctions announcements would come soon after Sunday's vote....
