Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions,

The new measures would represent the most aggressive US siege against Venezuela’s economy thus far, posing the threat of mass death and a renewed exodus.

U.S. sanctions against Venezuela, including the revocation of licenses and threats of tariffs, have resulted in an 11.5% drop in the country's oil exports in March.