US targets Venezuela oil firm chief, others with sanctions


© Reuters. 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

(Reuters) – The USA issued new Venezuela-related sanctions on Friday, together with measures concentrating on state oil firm PDVSA chief Hector Obregon, based on a discover on the Treasury Division’s web site.

President Nicolas Maduro and his authorities have at all times rejected sanctions by america and others, saying they’re illegitimate measures that quantity to an “financial struggle” designed to cripple Venezuela.

Maduro and his allies have cheered what they are saying is the nation’s resilience regardless of the measures, although they’ve traditionally blamed some financial hardships and shortages on sanctions.

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