Investor Alert

New York Markets Open in:

Market Pulse Archives

Feb. 18, 2020, 10:50 a.m. EST

Rosneft sanctioned by Treasury for supporting Maduro regime

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Robert Schroeder

The Trump administration on Tuesday announced sanctions on Rosneft Trading S.A., a unit of Rosneft Oil Co. over operating in Venezuela's oil sector. Treasury Secretary Steven Mnuchin said Rosneft Trading and its president brokered the sale and transport of Venezuelan crude oil, aiding the regime of Venezuelan President Nicolas Maduro. The Trump administration considers Maduro illegitimate. The sanctions freeze any U.S.-based assets of both Rosneft Trading and its president, Didier Casimiro.

This Story has 0 Comments
Be the first to comment
More News In
Economy & Politics

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.