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  • 7 months ago
Washington has added pressure on Venezuela by imposing new sanctions on four China- and Hong Kong-based companies and four oil tankers accused of helping Caracas bypass oil restrictions. The move is part of US President Donald Trump's efforts to cut off Venezuela’s main source of revenue and weaken Venezuelan President Nicolás Maduro, whom the Trump administration considers illegitimate. China, Venezuela’s largest oil buyer, is central to these measures.

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00:00Washington has stepped up its pressure on Venezuela by imposing new sanctions on Chinese firms accused of helping the country bypass oil restrictions.
00:10Four companies based in China and Hong Kong, as well as four oil tankers, were added to the sanctions list.
00:17It's part of the Trump administration's efforts to cut off Venezuela's main source of income and weaken President Nicolas Maduro's power.
00:25Washington considers Maduro's government illegitimate and has accused it of links to drug trafficking and organized crime.
00:33China is Venezuela's largest buyer of oil.
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