Venezuela Meltdown

摘要

The economic collapse in Venezuela continued.The country with the world's largest oil reserves saw its production fall to 30-year lows to 1.2 MMbbl/d at year-end.President Trump instilled tough sanctions on the country barring banks from doing any deals with the country or PDVSA.The measures are to deny any financing of the”illegitimate rule”of President Nicholas Maduro,the White House reported.