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President Maduro: “Venezuela to seek ‘other markets’ if US goes ahead with oil embargo”

By Telesur English

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(TELESUR ENGLISH) – President Nicolas Maduro’s declaration follows comments by U.S. Secretary of State Rex Tillerson and his Argentine counterpart saying they were considering an embargo.

Venezuela will seek other buyers for its oil if the United States approves a fresh embargo against the Latin American nation, President Nicolas Maduro has vowed.

“If the United States puts an oil embargo on us, we will take our boat and go somewhere else,” Maduro told a press conference on Thursday. “If they take measures against Venezuelan oil like those demanded by (opposition leader) Julio Borges, we will take the appropiate measures.”

The statement follows U.S. Secretary of State Rex Tillerson’s tour throughout Latin America to seek support for Washington’s aggressive positions towards Venezuela. During his stop in Argentina, Tillerson and his Argentine counterpart said they were studying an embargo of Venezuelan oil.

“The oil embargo announced by the U.S. media and suggested by U.S. Secretary of State Rex Tillerson is an illegal measure according to international law,” Maduro said.

He continued that the embargo would be inconvenient both for the United States and Venezuela, and would be one of Trump’s biggest political mistakes: “I don’t know if he has an analyst that could make him understand this.”

Asked about Venezuela’s oil production, Maduro blamed corruption and bad administration, claiming that recently charged former executives of the state oil company PDVSA were responsible, but maintained that production is already recovering.

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One comment

  1. Kenny will buy some.


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