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Feb
04

US mulling sanctions on Venezuela oil: Tillerson

US mulling sanctions on Venezuela oil: TillersonThe United States said Sunday it has not ruled out sanctions on Venezuelan oil as it turns the screw on President Nicolas Maduro, but is wary of hurting the country’s people. Secretary of State Rex Tillerson is in Argentina during a tour of Latin America to bolster a common front against Venezuela’s bid to hold a presidential election that opponents deem illegitimate. The top US diplomat has received support from other governments in the Americas, including on Sunday from his Argentine counterpart Foreign Minister Jorge Faurie, but some are cautious about sanctions.