The European Union (EU) is mulling over imposing more sanctions on Venezuela, but those sanctions will not be targeting the oil sector, as the bloc looks to punish individuals, not the people of Venezuela, Malta’s Foreign Minister Carmelo Abela told Reuters on Monday. “Having further (sectoral) sanctions is not excluded but primarily we are focused on certain individuals,” Abela told Reuters after a meeting of EU foreign ministers in Brussels. The EU initially imposed sanctions on Venezuela in November 2017, including an embargo on arms and on equipment for internal repression as well as a travel ban and an asset freeze on 18 individuals. In November 2018, the EU extended those sanctions by another year, “in view of the continuing deterioration of the situation in Venezuela.” While the United States was quick to recognize opposition leader Juan Guaidó as the legitimate president of Venezuela and imposed sanctions on state […]