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    US Sanctions Venezuelan Foreign Minister

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    The latest anti-Venezuela sanctions were introduced on April 12 and targeted three companies linked to the oil sector as well as nine ships.

    The US Treasury Department has imposed sanctions on Venezuelan Foreign Minister Jorge Arreaza and Venezuelan judge Carol Padilla over the ongoing crisis in Venezuela.

    ​Commenting on the newly-introduced sanctions, Treasury Secretary Steven Mnuchin said in a statement that any US assets of Arreaza would be blocked.

    "Treasury will continue to target corrupt Maduro insiders, including those tasked with conducting diplomacy and carrying out justice on behalf of this illegitimate regime."

    The Trump administration imposed several rounds of sanctions against Venezuela's oil sector as well as against individuals after US-backed opposition leader Juan Guaido illegally declared himself interim president in late January. In addition, after immediately recognising Guaido, Washington seized billions of dollars' worth of Venezuelan oil assets.

    According to reports, the total damages from sanctions against Venezuela have already exceeded $100 billion.


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