US National Security Adviser John Bolton, second from right, and Secretary of Treasury Steven Mnuchin, right, at a news conference on Monday about Venezuela. Photo: EPA-EFE

US goes after Venezuela’s oil to hit President Nicolas Maduro’s power base

  • Sanctions imposed against state-owned oil company were presented as a way of preventing the leftist strongman from looting the coffers
  • Opposition leader says he is taking ‘orderly control of our republic’s assets abroad’
Topic |   Venezuela

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US National Security Adviser John Bolton, second from right, and Secretary of Treasury Steven Mnuchin, right, at a news conference on Monday about Venezuela. Photo: EPA-EFE
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