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US Treasury will impose new sanctions on Venezuelan companies

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Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

The United States Treasury Department announced new sanctions on Friday on four companies and nine ships belongs to Venezuela in its latest attempt to pressure Venezuelan President Nicolas Maduro’s government, which Washington sees as illegitimate..

Three European companies are operating in Liberia and one operating in Italy, without elaborating on it..

Venezuela is experiencing growing political turmoil after opposition leader Juan Guido declared on January 23 himself a transitional president of the country..

Several countries, led by the United States of America, announced the recognition of Guido as President of Venezuela, while President Nicolas Maduro criticized the move as a coup d’état organized by Washington and announced the severing of diplomatic relations with it.

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