Venezuela Oil Minister Says Economy, Oil Industry Under US Siege

Venezuela's Oil Minister Manuel Quevedo speaks to the media before the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali
REUTERS/Waleed Ali

Venezuelan Oil Minister Manuel Quevedo said on Sunday his country’s economy and oil industry was under economic and financial siege by the U.S. government.

“This, therefore, generates disturbances in the flow of oil supply to the world market as well as serious economic damage and suffering to the Venezuelan people,” he said in Jeddah, Saudi Arabia, ahead of a ministerial panel meeting of top OPEC and non-OPEC oil producers, including Saudi Arabia and Russia.

(Reporting by Vladimir Soldatkin in Jeddah; Writing by Lisa Barrington; Editing by Alison Williams)

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Otis
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The Venezuelan people are suffering because of their rotten socialist government and connections to Cuba, Russia, et al. Venezuela was once once of the great nations of the Western Hemisphere and the world and are the only non-Mideastern member of OPEC.
Now they are barely hanging on as a nation.
No doubt the leaders are building substantial bank accounts while the people eat garbage if anyone is throwing anything away.

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