The latest US sanctions announced on Monday - bar state-owned oil company Petroleos de Venezuela (also known as PDVSA) from collecting proceeds from crude sales to USA refineries - appeared to be aimed at pressuring President Nicolas Maduro to step down and allow opposition leader Juan Guaido to call elections.
The sanctions will block PDVSA from accessing $7 billion worth of assets in the USA and cut Venezuela's oil exports by $11 billion over the next year, national security adviser John Bolton said at a Monday press briefing.
The unusual arrival of a Russian passenger plane in Caracas has set social media abuzz with rumors about its mission after the Kremlin pledged to support its ally Venezuelan President Nicolas Maduro against a US -backed effort to drive him from office.
"We are requesting the TSJ the application of the following precautionary measures prohibiting departure from the country, of selling and mortgaging real and personal property and freezing bank accounts", the attorney general said.
The US has emerged as Guaido's most powerful ally, announcing on Tuesday that it was giving him control of Venezuela's US bank accounts.
The US slapped oil sanctions on Maduro's regime earlier this week in an attempt to starve the government of its funding.
Djokovic hails Australian Open win over Nadal as 'truly a ideal match'
Djokovic had a 27-25 edge in head-to-head meetings going into this final, although Nadal had the superior record in majors at 9-5. Nadal had nearly nothing to offer in response, not via the serve or the forehand, as Djokovic hit lines and corners at will.
The US imposed sanctions against PDVSA this week as it seeks the ouster of already sanctioned Venezuelan President Nicolas Maduro, whom the US has accused of being a dictator.
"You've got to wait years before you see a game-changing increase out of Venezuela", Jeff Currie, Goldman's head of commodity research, said in a Bloomberg Television interview.
"Hands off Venezuela", Maduro said forcefully in a direct message to Trump.
Oil prices were stable on Tuesday, pressured by a cloudy outlook for the global economy but supported by worries over disruptions to supply from United States sanctions on Venezuelan exports.
Venezuelan opposition leader and self-proclaimed interim president Juan Guaido gestures as he attends a session of the Venezuela's National Assembly in Caracas, Venezuela January 29, 2019.
File image of Opposition leader Juan Guaido.
It's unclear how much Venezuelan oil will be diverted because, under the sanctions, US refiners will still be able to buy oil from PDVSA but the proceeds from the transactions will be set aside for the use of a new government in Venezuela.
Don't Run Against Trump, Howard — Michael Bloomberg Panics
Taking to Twitter early Monday morning, the president said his potential rival "doesn't have the "guts" to run for President! ". Should Schultz enter the race, he would join a growing list of official candidates that includes Castro, California Sen.
However, speculation of military action against him was fueled this week when Trump adviser John Bolton carried a notepad with the words "5,000 troops to Colombia".
Russian Federation has been one of Maduro's staunchest supporters, providing it with loans and weapons.
U.S. Vice President Mike Pence met Guaido's designated envoy to the United States on Tuesday.
The sanctions, aim to freeze sale proceeds from PDVSA's exports of roughly 500,000 barrels per day (bpd) of crude oil to the United States.
He did not outline any specific steps in support of Maduro's government.
A senior official said on Tuesday that Moscow is expecting "problems" ahead of an upcoming payment on Russia's 3 billion dollar (£2.3 billion) loan.
Saints' Cam Jordan's T-shirt message at Pro Bowl: 'Blow whistles, not games'
Despite the evidence, the Saints as an organization do not believe the refs geographical ties influenced that call whatsoever. The Rams will now face the Patriots in Super Bowl 53 in Atlanta on February 3 at 6:30 p.m.
- Trump Friend Stone Pleads Not Guilty in Russia Probe Case
- US Midwest braces for record-breaking cold blast
- Ronda Rousey flustered by booing WWE 'Raw' crowd
- Brexit: Tory MPs at odds over competing ‘Super Tuesday’ amendments
- Britain Braced For Sleet And Ice As Weather Warnings Issued
- IPhone Sales Decline 15%: Is Apple’s Stock in Trouble?
- China says United States should bear consequences of Venezuela sanctions
- Woman dies carrying pram down stairs on New York subway
- Ander Herrera and Victor Lindelof the real stars of Manchester United's revival
- Venezuela's Guaido calls for new protests, Pope fears 'bloodbath'