Finance

White House Orders US Forces to Focus on 'Quarantine' of Venezuelan Oil

MR
Maya Rodriguez
Financial Analyst
White House orders US forces to focus on ’quarantine’ of Venezuelan oil for next two months
Image source: Investing.com

White House Orders US Forces to Focus on 'Quarantine' of Venezuelan Oil

The White House has ordered US forces to focus on the 'quarantine' of Venezuelan oil for the next two months. This move is aimed at preventing the oil from entering the global market.

Background

The US has been imposing sanctions on Venezuela for several years, and this latest move is an extension of those efforts. The 'quarantine' of Venezuelan oil is intended to prevent the country from selling its oil to other countries.

Impact

The impact of this move is significant, as it will affect the global oil market. The US is one of the largest consumers of oil, and this move will likely lead to an increase in oil prices.

Quotes

No quotes are available from the article.

Details

  • The White House has ordered US forces to focus on the 'quarantine' of Venezuelan oil for the next two months.
  • The move is aimed at preventing the oil from entering the global market.
  • The US has been imposing sanctions on Venezuela for several years.
  • The 'quarantine' of Venezuelan oil is intended to prevent the country from selling its oil to other countries.

Sources

[1] White House orders US forces to focus on ’quarantine’ of Venezuelan oil for next two months