European buyers of the heavy crude produced by Venezuela’s PDVSA have put their purchases on hold in anticipation of sanctions against the government in Caracas to be announced by the European Union, Reuters reports, citing trading sources. The European Parliament followed Washington’s example in recognizing national Assembly President Juan Guaido as interim president earlier this week, although the agreement to do so was not unanimous. Meanwhile, UK’s Foreign Secretary Jeremy Hunt has urged his European Union colleagues to introduce…
