Page 7 - Venezuela Crisis

OPEC+ likely to keep oil output steady despite turmoil among members

Tensions between Saudi Arabia and the UAE flared last month over a decade-long conflict in Yemen, when a UAE-aligned group seized territory from the Saudi-backed government

China asks US to release Venezuelan President Maduro, his wife at once

China on Sunday called on the United States to release Venezuelan President Nicolas Maduro and his wife at once and resolve issues through dialogue and negotiation. China expresses grave concern over the US forcibly seizing President Nicolas Maduro and his wife and taking them out of the country, a Chinese Foreign Ministry statement here said. The move is in clear violation of international law, basic norms in international relations, and the purposes and principles of the UN Charter, it said. China calls on the US to ensure the personal safety of President Nicolas Maduro and his wife, release them at once, stop toppling the government of Venezuela, and resolve issues through dialogue and negotiation," it added. The ministry earlier on Saturday condemned the US airstrikes on Venezuela and the capture of Maduro and his wife, describing it as a hegemonic act that seriously violates international law. China is deeply shocked by and strongly condemns the US' blatant use of force again

'US control of Venezuelan oil may unlock $1 bn stuck dues for India'

A US-led takeover or restructuring of Venezuela's oil sector could deliver a direct benefit to India, potentially unlocking close to USD 1 billion in long-pending dues while accelerating the revival of crude production from fields it operates in the sanctions-hit Latin American nation, analysts and industry sources said. India was once a major processor of Venezuelan heavy crude, importing more than 4,00,000 barrels per day at peak levels, until sweeping US sanctions and rising compliance risks forcibly shut down purchases in 2020. Its flagship overseas producer, ONGC Videsh Ltd (OVL), jointly operates the San Cristobal oilfield in eastern Venezuela, but output has been severely curtailed as US restrictions blocked access to critical technology, equipment, and services - leaving commercially viable reserves effectively stranded. Venezuela has failed to pay OVL USD 536 million in dividends due on its 40 per cent stake in the field up to 2014, and a near-equivalent amount for the ...

Venezuela crisis a 'matter of deep concern', says India after US action

India said the situation in Venezuela is a matter of deep concern and called on all sides to resolve issues peacefully through dialogue after the US captured President Nicolás Maduro

Captured Maduro made to perp-walk in custody, he says 'Happy New Year'

The US government releases a video of Venezuela's detained President Nicolas Maduro in handcuffs, as he is moved to New York to face charges

Who is Delcy Rodríguez, Venezuela's acting leader after Maduro's capture?

A long-time chavista, technocrat and trusted Maduro loyalist, Delcy Rodríguez has assumed Venezuela's presidential duties amid deep uncertainty after a US military operation

Trump vows US control of Venezuela as Maduro captured on American charges

As part of a dramatic overnight operation that knocked out electricity in parts of Caracas, US Special Forces captured Maduro in or near one of his safe houses, Trump said

Avoid travel to Venezuela, Indians there should exercise caution: MEA

MEA on Saturday advised all Indian nationals in Venezuela to exercise extreme caution and restrict their movements in view of the prevailing situation

How US forces captured Nicolás Maduro in overnight operation in Venezuela

After months of growing military pressure on Venezuelan President Nicolas Maduro, President Donald Trump ordered a brazen operation into the South American country to capture its leader and whisk him to the United States where his administration planned to put him on trial. In a Saturday morning interview on Fox & Friends Weekend, Trump laid out the details of the overnight strike, after which he said Maduro and his wife, Cilia Flores, were flown by helicopter to a US warship. Later Saturday, Trump and other officials gave more details during a news conference from his Florida residence. 'Maduro was in a fortress,' Trump says ------------------------------------------- Trump described Maduro as being highly guarded" in a presidential palace that was like a fortress. Maduro had nearly made it to a safe room inside it, Trump told reporters, although he was unable to close it. American forces were armed with massive blowtorches, which they would have used to cut through steel walls .

Venezuelan Oppn leader Maria Machado says 'hour of freedom' has arrived

Machado reiterated her support for opposition leader Edmundo González Urrutia, whom she described as the legitimate president elected by Venezuelans

US will run Venezuela until judicious transition takes place: Trump

Trump said the US remained prepared to carry out a second and significantly larger attack in Venezuela, though he suggested it might not be necessary

US to decide what's next for Venezuela after Maduro's capture: Trump

President Donald Trump said in an interview Saturday morning that the United States will be making decisions on what is next for Venezuela after capturing the Latin American country's president and flying him out of the country. We'll be involved in it very much as to who will govern the country, Trump said. We can't take a chance in letting somebody else run and just take over what he left, or left off, Trump said in an interview with Fox News hours after the capture. Meanwhile, Venezuelan ruling party leader Nahum Fernandez told The Associated Press that Nicolas Maduro and his wife were at their home within the Ft. Tiuna military installation when they were captured. That's where they bombed," he said. And, there, they carried out what we could call a kidnapping of the president and the first lady of the country.

China calls US strike on Venezuela a serious violation of international law

China on Saturday condemned the US airstrikes on Venezuela and the capture of its president, Nicolas Maduro and his wife, describing it as a hegemonic act that seriously violates international law. China is deeply shocked by and strongly condemns the US's blatant use of force against a sovereign state and action against its President, the Chinese Foreign Ministry said, reacting to a question on US President Donald Trump's announcement about American airstrikes against Venezuela and the capture of Maduro and his wife Cilia Flores. Such hegemonic acts of the US seriously violate international law and Venezuela's sovereignty, and threaten peace and security in Latin America and the Caribbean region, the ministry said in its reply posted on its website. China firmly opposes it. We call on the US to abide by international law and the purposes and principles of the UN Charter, and stop violating other countries' sovereignty and security," it said. China shares a close strategic partnersh

Maduro charged with narco-terrorism conspiracy: US Attorney General

The Attorney General's remarks come as US President Donald Trump on Saturday said that the US had carried out a large strike against Venezuela

Who is Nicolás Maduro, the Venezuelan leader US claims to have captured?

Venezuelan authorities said the government did not know the whereabouts of President Maduro and his wife, Cilia Flores, following the US operation

US strikes Venezuela: World leaders condemn action, urge peace, dialogue

In a post on Truth Social, Trump claimed that Venezuelan President Nicolás Maduro and his wife were "captured and flown out of the country" following the operation

'Don't play tough': Trump warns Maduro as Russia, China back Venezuela

Donald Trump has stepped up pressure on Venezuela, warning Nicolas Maduro to consider stepping down as the US targets oil shipments and expands military operations in the region

Oil, sanctions, and war. US blockade on Venezuela recalls past conflicts

The US has ordered a total blockade on sanctioned Venezuelan oil tankers, stepped up naval presence and seized ships, raising fears that it may be moving towards a military conflict with Caracas

Behind Nobel Laureate Maria Machado's daring escape from Venezuela to Oslo

An American firm with experience in special operations spirited María Corina Machado, the recipient of the Nobel Peace Prize, out of the country in a secretive land, sea and air operation

US sanctions Maduro's nephews as pressure campaign against Venezuela grows

The US imposed sanctions on three nephews of Venezuelan President Nicolas Maduro, among others, on Thursday as President Donald Trump looks to inflict further pressure on the South American nation. The new sanctions on Franqui Flores, Carlos Flores and Efrain Campo come a day after Trump announced that the US had seized an oil tanker off the coast of Venezuela. Also included in the sanctions are Panamanian businessman Ramon Carretero Napolitano, six firms and six Venezuela-flagged ships accused of transporting Venezuelan oil. The Treasury's Office of Foreign Assets Control published the list of sanctions on Thursday. The sanctions are meant to deny them access to any property or financial assets held in the US, and the penalties are intended to prevent US companies and citizens from doing business with them. Banks and financial institutions that violate that restriction expose themselves to sanctions or enforcement actions. This is not the first time Maduro's family has been involv