Venezuela says oil exports continue normally despite Trump blockade

CARACAS: Venezuela struck a defiant note Wednesday, insisting that its crude oil exports were not impacted by US President Donald Trump’s announcement of a potentially crippling blockade. Trump’s declaration on Tuesday marked a new escalation in his months-long campaign of military and economic pressure on Venezuela’s leftist authoritarian President Nicolas Maduro. Venezuela, which has the world’s largest proven oil reserves, shrugged off the threat of more pain, insisting that it was proceeding with business as usual. “Export operations for crude and byproducts continue normally.

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