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.
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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.

Franco Ordoñez is a White House correspondent for the McClatchy Washington Bureau with a focus on immigration and foreign affairs. He previously covered Latin American affairs for the Miami Herald and El Nuevo Herald. He moved to Washington in 2011 after six years at the Charlotte Observer covering immigration and working on investigative projects for The Charlotte Observer.