U.S. sanctions are likely against Venezuela’s oil sector after the 20 May presidential election in which incumbent President Nicolás Maduro secured re-election to extend the mandate of the ruling United Socialist Party of Venezuela for six more years. In the poll, the PSUV took advantage of the control it exercises over the National Electoral Authority and the armed forces, but the opposition and the international community are not recognising the results under claims of electoral fraud. Read the full analysis by Diego Moya-Ocampos, principal analyst, IHS Markit, at Latin Trade. UK seeks to woo Latin America for trade British Foreign Secretary Boris Johnson is on a mission to Latin America to sell Britain after Brexit as a global […]
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