Bolton announces U.S. sanctions on Venezuela’s state-owned oil company

National security advisor John Bolton announced sanctions on Venezuela's state-owned oil company. "Today's measure totals $7 billion in assets blocked today. Plus, over $11 billion in lost export proceeds over the next year," said Bolton.
Up Next
National security advisor John Bolton announced sanctions on Venezuela's state-owned oil company. "Today's measure totals $7 billion in assets blocked today. Plus, over $11 billion in lost export proceeds over the next year," said Bolton.

McClatchy reporter Tim Johnson has been covering national security and technology issues since 2016. He was part of a team that shared a 2017 Pulitzer Prize for its investigation of The Panama Papers. Earlier in his career, he spent two decades as a foreign correspondent in Asia and Latin America.