https://www.theglobeandmail.com/world/article-us-imposes-sanctions-on-venezuelan-state-owned-oil-firm-pdvsa/

The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, aimed at severely curbing the OPEC member’s crude exports to the United States and at pressuring socialist President Nicolas Maduro to step down.

Minutes before the announcement, Juan Guaido, the Venezuelan opposition leader who proclaimed himself interim president last week with U.S. backing, said congress would name new boards of directors to the company and its U.S. subsidiary, Citgo.

Maduro, in a live national broadcast on Monday, accused the United States of trying to steal U.S. refining arm Citgo Petroleum, the OPEC member’s most important foreign asset, which also owns a chain of U.S. gas stations. He said Venezuela would take legal actions in response.