Venezuela blames oil woes on 'sabotage'

Venezuela blames oil woes on 'sabotage'Venezuela’s oil industry is being sabotaged, the general newly installed as the crisis-hit country’s oil minister and head of state crude giant PDVSA said Thursday. “We have managed to arrest 20 people involved in a plan to sabotage production,” Manuel Quevedo told reporters at a meeting of OPEC in Vienna. The South American country, teetering on the brink of a full-blown default on its massive debt pile, has the world’s biggest reserves of oil.

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