White House Considers Sanctions Against Venezuela Oil Sector

Washington is studying options for imposing sanctions against Venezuela’s energy sector as a way of pressuring the South American country’s government to step down. No decision has been made yet, however, two sources from the Trump administration told Reuters. It may never be made, given all the questions surrounding such a move.
For one thing, sanctions may well have the opposite effect and solidify Maduro’s power – the Venezuelan president is accusing the U. S. of working with the opposition to topple the government. For another, if the U. S. imposes sanctions, this will almost certainly lead to a humanitarian crisis, which nobody wants.

This post was published at Zero Hedge on Jun 6, 2017.