US rules out sanctions on Venezuela
US State Department spokesman Patrick Ventrell said, "We have continued to have our economic and commercial relationship with Venezuela despite some of the ups and downs of the relationship over time"
"That's not something that we're currently contemplating at this moment," US State Department spokesman Patrick Ventrell said. Reference was made to US sanctions on Venezuela. His comments came in a daily press briefing on Tuesday, EFE cited.
The statement came in response to declarations on Monday by Venezuelan Foreign Minister Elías Jaua, who said that the Venezuelan Government would respond to any US sanction by taking actions in trade and energy.
"I'm not aware of any particular effort afoot in terms of sanctions in Venezuela at this point," Ventrell told journalists.
A simple reason: there is oil galore, would suffice to explain Guyana's actions. Another explanation lies in the little or none efforts made by the Venezuelan government to thwart the move by the Guyanese. This is certainly not a new problem, but a problem only recently highlighted because oil is involved. But what other resources does the disputed area hold? For most of us it is a section on the map with black and white stripes on it, a depiction of something distant, alien, a nothingness not worth paying much attention to in geography classes back in elementary school.