US sanctions against Venezuela scaring off banks

As the United States has quickly ratcheted up sanctions against Venezuela to pressure Nicolas Maduro, bankers say they are shying away from doing even legitimate business with the crisis-wracked oil-producing country for fear of getting caught in the crossfire. The sanctions target a growing list of individuals and companies linked to the Maduro regime -- including state oil company PDVSA, the lifeblood of the Caribbean nation's crumbling economy.

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