U.S. Sanctions Could Be The Final Nail In The Coffin For Venezuelan Oil | WHAT REALLY HAPPENED


U.S. Sanctions Could Be The Final Nail In The Coffin For Venezuelan Oil

The White House is looking at slapping sanctions on a Venezuelan oil services company while also restricting insurance for oil shipments from the South American country, among other possible measures, according to Reuters.

The moves come as the Venezuelan President Nicolas Maduro is planning elections for April, which few expect to be free or fair. Unlike prior elections, the upcoming race will likely be met with global condemnation, and many countries could refuse to recognize the results altogether.

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