Friday, January 25, 2019

The U.S and Venezuelan Oil

As of Friday Interim President Juan Guaido has been assigned, by the U.S to receive the countries oil revenues instead of Nicolas Maduro. Venezuela is one of the worlds largest oil exporters so this would be an incredible upper hand for Guaido and his supporters. Britain, France and Argentina are among some of the countires to support Mr. Guaido while countires such as Russia and Mexico support Mr. Maduro. The process of switching revenue to Guaido and the legitimate government is said to be "very complicated" as Mr. Maduro's supporters believe that these challenges are all part of an eloborate "U.S led conspiracy" to challenge Maduro.

https://news.sky.com/story/us-threatens-venezuelas-oil-revenue-in-fight-against-maduro-11616938

Joy Semafumu


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