The United States warned foreign companies on sanctions over oil deal with Venezuela

According FreeNews, the US authorities demanded to stop direct, indirect or barter transactions for the purchase of oil raw materials from Venezuela.
The US administration warned foreign companies operating in the field of oil trade and refining, that under the threat of the US sanctions they should stop direct, indirect or barter transactions for the purchase of these raw materials from Venezuela. This was announced on Thursday.

The US warned companies that the continuation of oil deals with Venezuela will be considered a violation of us sanctions. At the same time, the US authorities are ready not to impose restrictive measures on the supply of aviation and diesel fuel to Venezuela, because they are important from a humanitarian point of view. However, Washington seeks to stop the supply of gasoline and petroleum products to Venezuela, which are used to dissolve the viscous oil produced in the country to make it suitable for export.

The sanctions imposed by the US against the Venezuelan oil sector directly do not prohibit foreign companies to carry out transactions with this country. However, this week, representatives of the State Department contacted major oil and gas companies to report that the US government interprets these sanctions more widely than stated in official documents.

“The United States operates in this day and age. They have written rules, and then they call you to explain that there are still unwritten rules and they want you to follow them.”

On January 28, the US imposed sanctions against the Venezuelan state oil company PDVSA.

Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor