U.S. Treasury Secretary Steven Mnuchin, shown in January. The Treasury Department increased sanctions on Venezuela on Friday. The Treasury Department increased sanctions on Venezuela on Friday. Photo: Jim young/ReutersThe U.S. government on Friday increased sanctions on Venezuela, blacklisting a vessel that transported oil from Venezuela to Cuba and the two companies operating in the oil sector of Venezuela that own and operate the vessel. The actions in recent months have targeted Venezuela’s oil industry, which the Treasury Department said provides a lifeline to the Maduro regime.

Source: Wall Street Journal April 05, 2019 23:37 UTC