US hits Venezuela state-owned oil company with sanctions
Washington, Jan 29: The Trump administration imposed sanctions Monday on the state-owned oil company of Venezuela, a potentially critical economic move aimed at increasing pressure on President Nicolas Maduro to cede power to the opposition.
National security adviser John Bolton and Treasury Secretary Steven Mnuchin announced the measures against the company.
They are also aimed at boosting Maduro's rival, opposition leader Juan Guaido, whom the administration recognized last week as Venezuela's legitimate leader.
The sanctions will include a freeze on any assets the firm may have in US jurisdictions and bar Americans from doing business with it.
"The United States is holding accountable those responsible for Venezuela's tragic decline, and will continue to use the full suite of its diplomatic and economic tools to support Interim President Juan Guaido, the National Assembly, and the Venezuelan people's efforts to restore their democracy," Mnuchin said.
"Today's designation of PDVSA will help prevent further diverting of Venezuela's assets by Maduro and preserve these assets for the people of Venezuela. The path to sanctions relief for PDVSA is through the expeditious transfer of control to the Interim President or a subsequent, democratically elected government," he said.
PDSVA is the acronym for the state-owned oil company.
Senator Marco Rubio, a vocal critic of Maduro who has called for such sanctions, welcomed the move even before it was announced.
"The Maduro crime family has used PDVSA to buy and keep the support of many military leaders," Rubio said.
"The oil belongs to the Venezuelan people, and therefore the money PDVSA earns from its export will now be returned to the people through their legitimate constitutional government."
The sanctions will not likely affect consumer prices at the gas pump but will hit oil refiners, particularly those on the US Gulf Coast.
Venezuelan oil exports to the US have declined steadily over the years, falling particularly sharply over the past decade as its production plummeted amid its long economic and political crisis.
The US imported less than 500,000 barrels a day of Venezuelan crude and petroleum products in 2017, down from more than 1.2 million barrels a day in 2008, according to the Energy Information Administration.
Still, Venezuela has consistently been the third- or fourth-largest supplier of crude oil to the United States, and any disruption of imports could be costly for refiners.
In 2017, the most recent year that data were available, Venezuela accounted for about 6 per cent of US crude imports.
Valero and Citgo are among the largest importers of Venezuelan crude.
But Venezuela is very reliant on the US for its oil revenue. The country sends 41 per cent of its oil exports to the US.
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Huge turnout amidst SIR shadow caps ballistic battle for Bengal
Kolkata (PTI): The West Bengal assembly polls ended on Wednesday with what the election watchdog said was the state's highest-ever voter turnout of 92.84 per cent, leading to mouth-watering anticipation ahead of the announcement of results on Monday as both contenders sounded sanguine about their victory prospects.
Wednesday's second phase saw a 92.48 per cent turnout. The concluding phase covering 142 constituencies in south Bengal appears poised to match the first phase's record voter participation of 93.19 per cent by the time final numbers are collated.
The figures put the combined poll percentage over the two-phases at 92.84 per cent. The first phase of polling was held on April 23.
"This is the highest-ever recorded poll participation since Independence in West Bengal," it said.
The capital Kolkata recorded a turnout of 88.59 per cent, with Purba Bardhaman district topping the charts at 93.78 per cent.
The scale of participation sent out an overarching political message — practically every single eligible voter in the state felt personally invested in the electoral process and its outcome. They turned out in numbers large enough to make every narrative contested and every claim of momentum politically loaded. If the first phase tested whether the BJP could retain its north Bengal citadel, the second and final round was always the real battle for the saffron party on whether it could breach the ruling TMC’s southern fortress of Kolkata, Howrah, Hooghly, Nadia, North and South 24 Parganas and Purba Bardhaman.
At the centre of the larger political fight stood Bhabanipur, no longer merely a south Kolkata constituency but Banerjee’s political refuge, her emotional home turf and the BJP’s chosen psychological battlefield.
Banerjee, 71, seeking a fourth consecutive term after 15 years in power, faced Leader of Opposition Suvendu Adhikari in a prestige battle widely seen as a symbolic rematch of Nandigram, where Adhikari had defeated her in 2021 after crossing over from the TMC to the BJP.
Five years later, the duel shifted to Banerjee’s own bastion. For the TMC, retaining Bhabanipur is about protecting the chief minister’s authority in her own backyard. For the BJP, breaching it would puncture the aura of invincibility around Bengal’s most powerful political figure.
The constituency witnessed nearly 87 per cent polling, sharply up from around 61 per cent in the 2021 assembly polls and 57 per cent in the bypoll that brought Banerjee back to the House.
Banerjee – who usually votes later in the day and prefers staying indoors on the day of polls – broke convention and hit the ground before 8 am, moving through Chetla, Padmapukur and Chakraberia areas following complaints of alleged intimidation of local TMC leaders.
As she sat outside a booth amid heavy deployment of central forces, Adhikari arrived there and declared, "I will not allow any hooliganism." He opposed Banerjee moving around with "50-60 people" with her.
Banerjee accused the BJP of trying to "rig" the election by using central forces, election observers and officials.
"The BJP wants to rig this election. Polls in Bengal are usually peaceful. Is there a goonda raj here?" she said, alleging intimidation of TMC polling agents and late-night visits by CRPF personnel to party workers’ homes.
"The atrocities by the central forces are unprecedented. What is happening is not at all free and fair polls. But despite all this, we have full faith that we will win," she said after casting her vote.
Adhikari dismissed the charges as "frustration", claiming Banerjee had realised that "not a single vote was coming her way".
Tension flared again in Kalighat when Adhikari visited another booth, and TMC workers raised slogans against him. Police resorted to a lathi-charge to disperse the crowd as BJP supporters answered with counter-slogans. Reports of sporadic tension were also received from some other areas amid sights of long queues at polling stations, booth-level flare-ups, and political bickering.
In Kolkata's Entally, BJP candidate Priyanka Tibrewal alleged that the TMC's polling agents tried to assault her after she objected to overcrowding inside a booth and a lack of voter privacy.
In Panihati, BJP candidate and the R G Kar victim's mother, Ratna Debnath, faced protests, while her party colleague in Basanti, Bikash Sardar, alleged that "200 to 250 TMC goons" attacked his vehicle and assaulted his driver.
The TMC, meanwhile, accused the central forces of exercising brute force on the general voters at Falta's Belsingha village, especially women, who were beaten up during a move to disperse a crowd from near a polling station.The party also alleged CAPF high-handedness on women and a four-year-old child at Sathachhia in Howrah and on villagers at Ausgram in Purba Bardhaman district.
"In the name of ensuring security, central force jawans are not sparing even women who were brutally lathi-charged. TMC protests this highhandedness of the male jawans who exercised brute force on unarmed villagers. We draw the EC's attention to such illegal actions of the CAPF and ask the poll body to issue cease-and-desist orders against such use of force. We believe, people of Bengal will respond to this on EVMs," Anirban Banerjee, party spokesperson, said.
The BJP alleged that in several polling stations in Falta, the option to vote for the party was blocked using a tape over EVM poll buttons, and demanded repolls in the affected booths.
The state’s Chief Electoral Officer Manoj Agarwal said repolling was likely to be announced in booths where EVMs were found tampered with. However, the order will only be issued after authorities receive reports from the district election officer or election observers regarding allegations of EVM tampering, such as using tapes or a blot of ink, he said.
