Venezuela Pledges To Honor Oil Commitments To Cuba Despite Sanctions

www.oann.com | 4/8/2019 | Staff
normanorma (Posted by) Level 4
CARACAS (Reuters) – Venezuela will “fulfill its commitments” to Cuba despite United States sanctions targeting oil shipments from the South American country to its ideological ally, Foreign Minister Jorge Arreaza said on Monday.

Washington on Friday imposed sanctions on 34 vessels owned or operated by state-run oil company Petroleos de Venezuela as well as on two companies and a vessel that have previously delivered oil to Cuba, aiming to choke off a crucial supply of crude to the Communist-run island.

Venezuela - Crude - Cuba - United - States

Venezuela has long sent subsidized crude to Cuba. The United States describes the arrangement as an “oil-for-repression” scheme in which Havana helps socialist President Nicolas Maduro weather an economic crisis and power struggle with the opposition in exchange for fuel.

Arreaza said he would not reveal Venezuela’s “strategy,” but that the sanctions would not stop the shipments.

Power - Capitalism - Attacks - Means - Law

“When the conventional power of capitalism attacks you, you have to know how to respond through non-conventional means, always respecting international law,” Arreaza told reporters.

Friday’s measure came after...
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