U.S. Announces New Sanctions on PDVSA

U.S. Announces New Sanctions on PDVSA
On Friday, the Trump administration introduced new sanctions on the Venezuelan government that will make it more difficult for state-run oil firm PDVSA to access foreign investment. PDVSA is heavily in debt, and is in need of new funds to refinance its maturing bonds. Without access to American ... read more
Source: Maritime ExecutivePublished on 2017-08-25