U.S. warns of ‘serious consequences’ after Venezuela moves against Guaido


The Trump administration warned of “serious consequences” after Venezuela’s government moved to freeze the bank accounts of self-proclaimed interim president Juan Guaido on Tuesday, while state-run oil company PDVSA sought to sidestep U.S. sanctions.

The sweeping sanctions on PDVSA, announced on Monday and aimed at curbing crude exports to the United States and driving President Nicolas Maduro from power, were the strongest measures yet against the 56-year-old former union leader who has overseen economic collapse and an exodus of millions of Venezuelans in recent years.

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