Can US stop Venezuelan oil exports and block money flow for Maduro

Venezuelan opposition leader Juan Guaido has failed to drive out President Nicolas Maduro from office even after several, severe efforts in past few months and it seems the support of United States president Donald Trump is not enough.

Venezuelan oil exports

Lately, the country is suffering with violent crackdown against the supporters of Guaido, who cannot deter security forces loyal to Maduro.

The situation has put Washington in an uncomfortable position and Secretary of State Mike Pompeo tweeted Tuesday that US is fully supporting the anti-Maduro movement of Guaido for freedom.

Even, Vice President Mike Pence tweeted that US is with Guaido, boosting up renewed confidence among his supporters.

However, until now these seems to be empty words and Guaido requires US to strangle Maduro’s illicit money flows. The earlier sanctions on Venezuelan officials and agencies have not turned sufficient in ousting Maduro from office.

Sustained money flows have allowed Maduro in paying off security force commanders. He has also procured Cuba’s highly capable intelligence and security support.

The situation has put Washington in an uncomfortable position and Secretary of State Mike Pompeo tweeted Tuesday that US is fully supporting the anti-Maduro movement of Guaido for freedom.

In brief, it is well understood the power of Maduro depends on his oil exports and so Guaido has lately asked the US cut of his oil supply to Cuba’s communist government.

But stopping oil cargo ships is not a small step. It would be an act of force. Isn’t there other way to advise Maduro to depart Venezuela now?

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Paul Linus