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Archaic Aruba
Episode III
Tuesday
January 29, 2019
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U.S. hits Venezuela
with oil sanctions
to pressure Maduro
By MATTHEW LEE and DEB ro's embattled government
RIECHMANN would lose access to one of
Associated Press its most important sources
WASHINGTON (AP) — The of income and foreign cur-
Trump administration on rency along with around $7
Monday sanctioned Ven- billion in assets of the state-
ezuela's state-owned oil owned company, Petrole-
company, ratcheting up os De Venezuela S.A.
pressure on socialist Presi- Hours after the White House
dent Nicolas Maduro to announced the sanctions,
cede power to the U.S.- Maduro went on state TV
backed opposition in the and called the U.S. action
oil-rich nation in South “immoral, criminal.” National security adviser John Bolton speaks as Treasury Secretary Steven Mnuchin listens during
America. a press briefing at the White House, Monday, Jan. 28, 2019, in Washington.
The action means Madu- Continued on Next Page Associated Press