Washington has revoked the licenses and exemptions that allowed oil companies around the world to export Venezuelan crude oil without sanctions.
Venezuelan President Nicolás Maduro warned this Sunday that the decision to revoke the licenses and exemptions that allowed foreign oil companies to export Venezuelan oil is a symptom of its decision to “attack the world.” He warned that “they are the ones who lose.”
“Over there (the United States), they decided to attack the entire world. That’s up to them, they are the ones who lose,” Maduro stated in a video posted on his Telegram channel.
“Venezuela is a free country. We are not a colony of anyone. No one comes to annoy us, to belittle us. No one is anyone. No, that time is over. The time of annoyance and ordering the country around in English,” he argued.
Maduro defended Venezuela’s desire to “have relations of respect, cooperation, communication, but civilized relations of respect.”
And he argued that “it’s not a man, it’s not Maduro, it’s a people determined to be free, rebellious, empowered, organized, conscious, loving, heroic, and Bolivarian.” “They will never be able to defeat us. Never,” he emphasized.
This weekend, it emerged that the administration of US President Donald Trump has revoked the permits and exemptions granted to several oil companies, including the Spanish company Repsol, to export crude oil from Venezuela.
Repsol sources consulted by Europa Press have confirmed that they have received the letter from the US administration announcing the revocation of the permit for the export of Venezuelan oil.
Washington’s decision affects the US oil company Global Oil Terminals, owned by millionaire and Republican Party donor Harry Sargeant III, the French company Maurel et Prom, and the aforementioned Repsol. These companies must cease their operations in Venezuela by May 27, the sources explain.
Washington’s decision also affects licenses issued to Venezuelan gas companies that have commercial relations with the Venezuelan state oil company, PDVSA.
These permits were issued by the US Treasury Department in the form of licenses, exemptions, or letters of compliance to allow them to operate in Venezuela and export PDVSA oil without being affected by the sanctions imposed by Washington.
