02-January-2026
Corporate News
 
US issues fresh sanctions targeting Venezuela's oil sector
01-Jan-2026

The United States on Wednesday imposed sanctions on four companies it said were operating in Venezuela's oil sector as well as associated oil tankers, as President Donald Trump's administration increases pressure on Venezuelan President Nicolas Maduro. The sanctions mark the latest action in Trump's pressure campaign against Maduro, which has included a ramped-up U.S. military presence in the region and more than two dozen strikes on vessels allegedly involved in trafficking drugs in the Pacific Ocean and Caribbean Sea.

News Source:- https://economictimes.indiatimes.com/news/international/business/us-issues-fresh-sanctions-targeting-venezuelas-oil-sector/articleshow/126281132.cms