Mnuchin Announces Trump Sanctions on Venezuela's PDVSA

The video discusses the U.S. efforts to prevent the diversion of Venezuela's assets by former President Maduro through the use of Peda Visa. It highlights the sanctions imposed on the Venezuelan oil sector and the issuance of general licenses to support humanitarian efforts. The video also calls for international cooperation to recognize interim President Guido and block Maduro's access to funds.

What is the role of sanctions in the context of the Venezuelan oil sector as mentioned in the text?

What actions are being taken to ensure that certain European and Caribbean countries can transition orderly?