Speaking at a news conference in Delhi on Tuesday, US President warned of more US sanctions on the Venezuelan oil sector, in an attempt to stem financing to President Nicolas Maduro’s government. Key Quotes: “You will be seeing something on that in the not too distant future.” “There could be very serious sanctions.” “You are going to see in a little while. You are asking a question right in the middle of us doing something.” Last week, the Trump administration imposed sanctions last week on Rosneft Trading SA as it emerged as a key intermediary for the sale of Venezuelan oil. Oil market implications: Oil prices are making recovery attempts despite the rise in the US weekly Crude Stocks, as reported by the American Petroleum Institute (API). The pullback could be in tandem with the rebound seen in the risk assets such as Wall Street futures and Treasury yields while the above news also likely lent support. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY steadies on 110 handle, correcting bloodbath lows FX Street 3 years Speaking at a news conference in Delhi on Tuesday, US President warned of more US sanctions on the Venezuelan oil sector, in an attempt to stem financing to President Nicolas Maduro’s government. Key Quotes: “You will be seeing something on that in the not too distant future.” “There could be very serious sanctions.” “You are going to see in a little while. You are asking a question right in the middle of us doing something.” Last week, the Trump administration imposed sanctions last week on Rosneft Trading SA as it emerged as a key intermediary for the sale of Venezuelan… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
