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Soldiers oversee fuel rationing in some Venezuelan towns amid shortages
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Venezuelan soldiers oversee fuel rationing in some towns amid shortages
Venezuela, whose economy is reeling from a five-year recession amid a prolonged political crisis, saw long lines of vehicles appear at services stations in several regions this week after a shutdown at the OPEC nation's second-largest refinery. Shortages have been exacerbated by tough U.S. sanctions on Venezuelan state oil firm Petroleos de Venezuela SA (PDVSA) in January, which have slashed crude oil exports and imports of refined fuels. Washington recognized opposition head Juan Guaido as Venezuela's rightful leader after he invoked the constitution in January to declare an interim presidency, saying President Nicolas Maduro rigged last year's election.
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Soldiers oversee fuel rationing in some Venezuelan towns amid shortages
Venezuela, whose economy is reeling from a painful five-year recession amid a prolonged political crisis, saw long lines of vehicles appear at services stations in several regions this week after a shutdown at the OPEC nation's second-largest refinery. Shortages have been exacerbated by tough U.S. sanctions on Venezuelan state oil firm Petroleos de Venezuela SA (PDVSA) in January, which have slashed crude oil exports and imports of refined fuels. Washington recognized opposition head Juan Guaido as Venezuela's rightful leader after he invoked the constitution in January to declare an interim presidency, saying President Nicolas Maduro rigged last year's election.
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