Insight
Rosneft (Trading) is next: US steps up sanctions against Maduro regime
Report summary
The US this week reignited its sanctions campaign against Venezuela’s Maduro regime, by imposing restrictions on Rosneft Trading SA – a subsidiary of Rosneft. In this Insight we highlight the potential impacts, or lack thereof, of these new developments on Venezuelan supply. This is a move designed to reduce PDVSA’s exports and step up pressure against the current Venezuelan regime, but will it prove successful?
Table of contents
- Not volume, but revenue
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