Factbox: U.S. sanctions on Venezuela’s oil industry

https://finance.yahoo.com/news/factbox-u-sanctions-venezuelas-oil-industry-173417009–finance.html

This is what is said under “Specific Sanctions”:

“The U.S. Treasury Department’s sanctions do not entirely cut off purchases of Venezuelan oil by U.S. refineries. However, they stipulate that refiners cannot make payments directly to PDVSA, but into escrow accounts that PDVSA will not get access to until the company is controlled by a new government.”

When it comes to business, all the so called ‘democratic’ countries go along with Ameicas’s ideas of wanting to control another country’s government. How is this democratic?

 

 

2 thoughts on “Factbox: U.S. sanctions on Venezuela’s oil industry

Leave a Reply to freefall852 Cancel reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s