Victory
18-03-06, 09:27
US threatens to ban Venezuelan oil
Caracas, March 18 - The United States is threatening to ban oil exports from Venezuela, Jose Vicente Rangel, Venezuela's Vice President said on Friday.
There is a veiled threat from the US authorities to ban Venezuelan oil, Rangel said, adding that the Venezuelan government has been preparing for it.
"If we can sell gasoline to China, India and Latin America, as we have been doing, we will not have a problem," he said.
But the Venezuelan government does not want to cut exports to the United States, where it currently sells around 1.5 million barrels a day, he said.
In response to a question about the likelihood of a US invasion of Venezuela, Rangel said the US government is unpredictable, and run by "a group of irresponsible mad men headed by George W. Bush."
Caracas, March 18 - The United States is threatening to ban oil exports from Venezuela, Jose Vicente Rangel, Venezuela's Vice President said on Friday.
There is a veiled threat from the US authorities to ban Venezuelan oil, Rangel said, adding that the Venezuelan government has been preparing for it.
"If we can sell gasoline to China, India and Latin America, as we have been doing, we will not have a problem," he said.
But the Venezuelan government does not want to cut exports to the United States, where it currently sells around 1.5 million barrels a day, he said.
In response to a question about the likelihood of a US invasion of Venezuela, Rangel said the US government is unpredictable, and run by "a group of irresponsible mad men headed by George W. Bush."