US Warns of ‘Serious Consequences’ After Venezuela Moves Against Guaido

US Warns of ‘Serious Consequences’ After Venezuela Moves Against Guaido
Venezuelan Interim President Juan Guaido (R) at a session of the Venezuela's National Assembly in Caracas, Venezuela, on Jan. 29, 2019. Carlos Garcia Rawlins/Reuters
Richard Szabo
Richard Szabo
Editor/Reporter
|Updated:

The Trump administration warned of “serious consequences” after Venezuela’s government froze the bank accounts of Interim President Juan Guaido, 35, on Jan. 29.

State-run oil company PDVSA is trying to find a way around sanctions, imposed by the United States on Jan. 28 to curb crude exports and drive incumbent Venezuelan President Nicolas Maduro, 56, from power. The sanctions have caused global oil prices to soar, angering China and Russia.

Richard Szabo
Richard Szabo
Editor/Reporter
Richard Szabo is an award-winning journalist with more than 12 years' experience in news writing at mainstream and niche media organizations. He has a specialty in business, tourism, hospitality, and healthcare reporting.
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