New Oil Sanctions on Venezuela: “Would Destroy What’s Left of its Economy”

National Security Advisor John Bolton announced that the US will freeze Venezuelan assets and block oil payments for Venezuelan oil imports to the US. This would not only be illegal, but would also be yet another crippling blow to the country, says CEPR’s Mark Weisbrot

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25 thoughts on “New Oil Sanctions on Venezuela: “Would Destroy What’s Left of its Economy”

  1. Destroying the economy is what they want to do, to stoke discontent against Maduro. And they will succeed. As much as I distrust the Trump administration, I don’t pity Maduro. The earlier he is forced out, the better. And ‘illegal, immoral etc bla bla bla’ the US will press ahead anyway. Maduro’s regime will be asphyxiated, no money. Result, Maduro out

  2. We are done paying the freight of despot nations. Hopefully, Cuba will pick up our slack, they train the Venezuelan Military, Police and Healthcare Professionals. And we all know that Cuban Healthcare is the best in the world. So, Cuba can buy what we would normally buy, seeing that they have all those new tourism dollars.

  3. And USA say it’s to help the Venezuelan citizens ! So let’s be serious how sanctions can help people ….aid hep people. Not sanctions !

  4. Down with the BIG bully. .. this bully tactics is causing the riot by foreign intervention to another country. Please wake up the rest of the world… Down with the USA

  5. When he world thinks of the ugly American, Bolton, Trump, Pence and Pompeo are the poster children. Regime change coming to the White House in November 2020. Not soon enough.

  6. Taking other people's resources cheaply. Using legalism and political sabotage to take cheap oil. US is not the biggest producer of oil or gas because it's too expensive for the world market

  7. ''we have exposed the corruption of Maduro & his cronies'' yeah so?
    we've also exposed the corruption of the US government for decades, but i don't see any sanctions or invsion uphand
    to free the american people from it's corrupted leaders

  8. For anyone who is thinking in investing in USA , this outrageous illegal actions by the US government should be a dire warning of how pathetically criminal are the actions of this country. Invest in USA at your own risk!!

  9. Shameful. Disgusting. The US is a rogue nation. Glad to be an expat. How many countries destroyed so far by US? Afghanistan, Iraq, Libya, Syria, Ukraine, Yemen and now Venezuela. (TG the Egyptian army saved Egypt.) The US is indeed the "Empire of Chaos"

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