Will Oil Sanctions Be the Straw That Breaks Maduro’s Back?

U.S. sanctions on Venezuelan oil is likely to hurt, not cripple, PDVSA. Decreased oil revenue has been a staple of Maduro’s tenure and thus unlikely to dislodge military support for his regime. The imposition of economic pain risks hurting those who are members of the opposition and take away from the resources needed to challenge Maduro’s hold on the Presidency.