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Oil traders anticipate they will comply with US Treasury sanctions on Venezuela

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U.S. officials imposed sanctions on state-owned PDVSA, this week, seeking to cut off President Nicolas Maduro’s primary source of foreign revenues. U.S. sanctions will sharply limit oil transactions between Venezuela and other countries and are similar to but slightly less extensive than those imposed on Iran last year, experts said on Friday after looking at details posted by the Treasury Department.

Oil traders anticipate they will comply with US Treasury sanctions on Venezuela Oil traders anticipate they will comply with US Treasury sanctions on Venezuela Reviewed by Shahid Karimi on February 03, 2019 Rating: 5

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