Venezuela oil czar courts India after $20 billion hit from US

Laurence Reese

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Image provided by Venezuela's Presidency shows Venezuelan President Nicolas Maduro (C) speaking to a soldier during the opening ceremony of the military exercises to mark the 200th anniversary of the historic Battle of Angostura at the Guicaipuro Fort in Miranda, Venezuela, on February 10, 2019.

Maduro and his "corrupt regime" has been backed into a corner and will soon crumble, with or without outside help, because 90 percent of the population are fed up and want change - and the army will soon too side with Venezuelan people, Guaido claimed.

Maduro's soldiers in place to prevent the humanitarian aid from entering Venezuela. "This is a crime against humanity, men of the armed forces", Juan Guaido said.

Accusing those blocking aid of being "almost genocidal", he likewise warned that the military would be held responsible for the deaths of protesters - and reaffirmed his call for a mass march on Tuesday in memory of the estimated 40 people killed in disturbances since January 21.

Following the US decision to impose sanctions on Venezuela's oil industry, both sides have engaged in aggressive moves for control of Citgo, which has roots in the United States dating back 100 years, but has been owned by Venezuela's state-owned Petroleos de Venezuela, or PDVSA, for three decades.

The military exercises, which mark the 200th anniversary of the historic Battle of Angostura, will continue through Friday.

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Venezuela, which now holds the OPEC presidency, has a "healthy relationship" with the Asian country, he said at the Petrotech conference near New Delhi, where he originally wasn't on the list of attendees.

Maduro has rejected humanitarian aid as a U.S. ploy to intervene in Venezuela, calling the deployment of aid a "political show" and blaming U.S. sanctions for the country's widespread shortages of food and medicine.

According to the United Nations, some 2.3 million Venezuelans have fled the country since 2015.

But a Venezuelan doctor who was part of a protest Sunday accused Maduro of sinking Venezuelan medicine to a "medieval" level.

Guaido, who proclaimed himself president last month in a move recognized by the United States and some of its allies, is trying to obtain income accrued by PDVSA's USA refining subsidiary, Citgo Petroleum Corp.