U.S. ratchets up pressure on Venezuela, Cuban backers
Source: Reuters
APRIL 5, 2019 / 8:09 AM / UPDATED 4 HOURS AGO
Collin Eaton
3 MIN READ
HOUSTON (Reuters) - U.S. Vice President Mike Pence on Friday stepped up efforts to force Venezuelan President Nicolas Maduro from office by imposing new sanctions on its oil shipments, and promising stronger action against Cuba for helping to keep the regime afloat.
Greater efforts to prevent oil revenues from reaching Maduro, including sanctions on Venezuelas finance and oil sectors, were coming, Pence said in Houston before a hand-picked audience of 300 people, many from the local Venezuelan community who support Maduros ouster.
The United States will continue to exert all diplomatic and economic pressure to bring about a peaceful transition to democracy in Venezuela, Pence said at Rice Universitys Baker Institute for Public Policy, calling oil shipments the lifeblood of that corrupt regime.
The United States and leaders of most nations in the Western Hemisphere consider Maduros 2018 reelection illegitimate and have recognized opposition leader Juan Guaido as the companys interim president. Maduro dismisses Guaido as a U.S. puppet.
Read more: https://www.reuters.com/article/us-venezuela-politics-pence-houston/u-s-ratchets-up-pressure-on-venezuela-cuban-backers-idUSKCN1RH1B5