U.S. blacklists unit of Russian oil giant to hurt Venezuela's Maduro


  • World
  • Wednesday, 19 Feb 2020

FILE PHOTO: Venezuela's President Nicolas Maduro gestures as he speaks during a special session of the National Constituent Assembly to deliver his annual state of the nation speech, in Caracas, Venezuela January 14, 2020. REUTERS/Manaure Quintero

WASHINGTON (Reuters) - The United States on Tuesday ramped up pressure on Venezuela by blacklisting a subsidiary of Russian state oil major Rosneft that President Donald Trump's administration said provides a financial lifeline to President Nicolas Maduro's government.

The U.S. Treasury Department imposed sanctions on Rosneft Trading SA, the Geneva-based trading unit of Rosneft, as Washington targeted Moscow over its backing of Maduro's government.

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