US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say

*
Many clients halted Venezuelan oil imports after Trump's tariff imposition
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Companies under US authorizations include European, Asian firms
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License withdrawals send strong signal of
(Adds context on
By
In recent years, former President
The companies that had received licenses and comfort letters
from
Most companies had already suspended imports of Venezuelan oil following Trump's imposition this week of secondary tariffs on buyers of Venezuelan oil and gas, according to sources and vessel tracking data.
The combination of tariffs and license cancellations to
enforce sanctions is expected to squeeze
In February,
Similar measures by Trump's first administration in 2020
knocked down
PDVSA, Repsol, Eni, Maurel & Prom, Reliance and the
Last month, Trump said a key license to U.S. producer
The withdrawal of the most important U.S. license for
Following reports by international observers of
irregularities in President
It was not immediately clear if all PDVSA partners were
given the same
U.S. Secretary of State
Maduro has criticized the sanctions, saying they amount to an "economic war."
(Reporting by
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