Vice President Mike Pence announced that the United States will add 34 PDVSA owned or operated vessels to the sanctions list on Friday, according to Reuters. The announcement came during the Vice President’s Friday Venezuela-focused speech at Rice University’s Baker Institute of Public Policy in Houston—an invitation-only event. The sanctions not only target the 34 PDVSA vessels but also two firms that transport Venezuela crude oil to neighboring Cuba, Pence said, adding that this may not be the final thing added to the sanctions, as the US mulls even more sanctions, this time targeting the financial sector. The event on Friday at Rice likely met with a captive audience, as Houston is home to a very large Venezuelan population in its Katy suburb dubbed Katyzuela . Naturally, many Venezuelan’s fleeing their homeland had served in its oil business , and Houston had much to offer along that line of […]