Alva Review-Courier -

AP Explains: What a Venezuelan oil embargo could mean for US

 

January 25, 2019



NEW YORK (AP) — Diplomatic relations between U.S. and Venezuela have hit a new low over President Donald Trump's decision to recognize the leader of the South American country's opposition as its legitimate president. But the two countries have long history of interdependency when it comes to oil that has endured through years of political tensions. Trump has long considered imposing sanctions that would block imports of Venezuela oil. Here's a look at how such a move might affect both countries.

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HOW DEPENDENT IS THE U.S. ON VENEZUELAN OIL IMPORTS?

Venezuelan oil exports to the U.S. h...



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