WASHINGTON, Feb 2: U.S. President Joe Biden on Monday threatened to reimpose sanctions on Myanmar following a coup by the country’s military leaders and called for a concerted international response to press them to relinquish power.

Soaring seven-figure Inflation, almost four in 10 people out of work, high government debt and dwindling foreign reserves has left oil-rich Venezuela as the world’s most miserable economy. U.S. sanctions on Venezuela’s oil sector are “a game changer,” according to Diego Moya-Ocampos, principal analyst with the Americas Country Risk team at IHS Markit.

SINGAPORE. Feb 20: Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela.