The Trump administration announced a round of financial sanctions that target a network of individuals moving oil on behalf of Venezuelan socialist leader Nicolas Maduro.
The U.S. Treasury Department sanctioned three individuals, 14 business entities, and six ships with sanctions, accusing them of assisting Venezuelan oil company PDVSA, which is under Maduro’s control, evade previous sanctions. Over the past several years, the Trump administration has moved to sanction Maduro, saying that the Venezuelan leader is illegitimate while recognizing opposition leader Juan Guaido.
