The U.S. administration is considering choking off Venezuela's last remaining and rapidly dwindling source of income: crude oil exports.
Speaking in Argentina, Sec. of State Rex Tillerson said the U.S. was discussing how to raise the pressure on Venezuelan President Nicolas Maduro to restore his country's constitution and hold free and fair elections.
"Obviously sanctioning the oil, or in effect prohibiting the oil to be sold in the United States... is something we continue to consider," he told reporters on Sunday.
Banning exports of oil or refined oil products to Venezuela was also on the table, Tillerson added.
Oil sanctions are one of the few options President Trump has to really hurt Maduro.
[source : U.S. could ban imports of Venezuelan crude oil, CNN Money, http://money.cnn.com/2018/02/05/news/economy/venezuela-oil-sanctions-tillerson/index.html?iid=hp-toplead-intl, 5th February 2018]