US sanctions are an 'attempt against our lives,' Venezuela's petroleum minister says

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US sanctions are an 'attempt against our lives,' Venezuela's petroleum minister says
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Manuel Quevedo made the comments at the Joint Ministerial Monitoring Committee Meeting (JMMC) in Baku, Azerbaijan on Monday.

Venezuelan Petroleum Minister Manuel Quevedo has denounced U.S. sanctions against Caracas as a"direct attack" on its citizens.

"With a political objective, they are trying to economically choke our country, our people, and appropriate our petroleum wealth." "It affects all Venezuelans when they attack PDVSA, when blackouts happen like the one that happened in our country," Quevedo said, referring to last week's vast power failure that plunged millions of its citizens into almost complete darkness and put some essential services to a stop.

Power was eventually restored to much of Venezuela, but many areas remain without electricity. It is widely expected that normal services may not resume for weeks. "We also urge responsible nations across the world to take action and stand with the people of Venezuela."Brent crude oil futures reached $67.76 per barrel at 2.00 p.m. GMT on Tuesday, having earlier risen to a new 2019 high of $68.16 a barrel, their highest since November 2018.

It comes as Russian and US diplomats meet in Rome this week to discuss the next steps with Venezuela. Russia, a key ally not only for the petroleum industry, still backs President Nicolas Maduro.

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