Maduro rival Guaido claims Venezuela presidency with U.S. backing

Venezuelan opposition leader Juan Guaido declared himself interim president on Wednesday, winning the backing of Washington and many Latin American nations and prompting socialist Nicolas Maduro, who has led the oil-rich nation since 2013, to break relations with the United States.

U.S. weighs oil sanctions on Venezuela as it steps up pressure

The Trump administration ratcheted up pressure on Venezuelan President Nicolas Maduro on Wednesday, signaling potential new sanctions against the country’s vital oil sector as it recognized Venezuela’s opposition leader as interim president.

U.S. rejects Maduro decision to sever diplomatic ties

The United States on Wednesday rejected a move by Venezuela’s Nicolas Maduro to break diplomatic ties, saying it did not think he had the authority to cut ties and it would conduct relations with a government led by opposition leader Juan Guaido.