SANCTIONS: US warns traders against dealing in Venezuelan oil, gold

The United States of America has tightened its grip in sanctions imposed on Venezuela after warning traders not to deal in the country’s gold or oil.

The warning was issued by national security adviser John Bolton who tweeted that traders should not deal in gold, oil or other commodities “being stolen” from the Venezuelan people.

Read also: Trump out to kill me, Venezuela’s Maduro claims

Bolton’s warning comes after US president Donald Trump spoke to Venezuela’s self-proclaimed interim president, Juan Guaido, by phone on Wednesday, reiterating support for his “fight to regain democracy”.

The sanctions imposed on Venezuela are aimed at forcing socialist President Nicolas Maduro from power, as his opponents are worried that a Russian-operated plane shipped gold out of Caracas on Wednesday afternoon.

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