• SENSEX
    NIFTY 50

Venezuela opposition plans to get oil money from US fund

Updated : February 07, 2019 11:22 AM IST

The fund would receive income accrued by state-run oil firm PDVSA's US unit Citgo Petroleum Corp since last month, when US President Donald Trump recognised Juan Guaido as Venezuela's legitimate head of state, opposition legislator Carlos Paparoni told Reuters.
White House national security adviser John Bolton said on Wednesday the United States would consider lifting sanctions on senior Venezuelan military officers if they recognise Guaido as interim leader.
Pressure is building on Maduro, a socialist, to resign amid an economic crisis marked by widespread shortages and hyperinflation. Maduro was re-elected last year in a vote critics have called a sham.
Venezuela opposition plans to get oil money from US fund

You May Also Like

Live TV

recommended for you

Advertisement