Last week, the US formally adopted sanctions on Venezuelan national oil company PDVSA, as well as on CITGO, its US-based distribution arm, as part of its press for regime change in Caracas. National Security Advisor John Bolton estimated the actions would affect some $7 billion in assets and would block $11 billion in revenue to the Venezuelan
The Truth About US Sanctions on Venezuela, and Why the Media Gets it Wrong
A decimated oil industry in the nation with the largest proven oil reserves in the world would appear to serve some alternative interests beyond “democracy” and “human rights.”