The lifeblood of Venezuela's economy is taking a beating in the wake of Trump's sanctions

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The lifeblood of Venezuela's economy is taking a beating in the wake of Trump's sanctions
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Venezuela's oil shipments have reportedly dropped by more than a third in wake of US sanctions

An oilfield worker speaks by radio at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015.Oil shipments from Venezuela have reportedly fallen by more than a third over the past month.The sanctions were rolled out in an attempt to cripple the government of President Nicolas Maduro, who is facing global pressure to cede power to opposition leader Juan Guaidó.

Thursday that oil shipments from the country dropped 40% to 920,000 barrels per day over the past month.it would impose economic penalties against PDVSA in an attempt to cripple the government of President Nicolas Maduro, who is facing global pressure to cede power to opposition leader Juan Guaidó.

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