In recent years, Washington has ramped up its regime-change efforts against Caracas through a wide-reaching, devastating economic blockade. In particular, the US Treasury Department has levied a raft of measures targeting Venezuela’s oil sector in an attempt to starve the country of foreign income. The unilateral sanctions have crippled the country’s most important industry.
In the following infographic, we detail the US sanctions against the oil industry and the resulting fall in output.
(Note: this is an updated version of an infographic originally published in August 2021. Click here to download the full-size image.)