"Obviously, sanctioning the oil or in effect prohibiting the oil to be sold in the United States, or for the United States as well to sell or provide oil to Venezuela, or refined products, is something we continue to consider", Tillerson told the press today from Buenos Aires, Argentina.
Tillerson told reporters on Sunday that sanctioning the oil, or prohibiting the sale of it to the United States is something they continue to consider.
"The situation is becoming quite dire in Venezuela", said Tillerson, who added that the administration was weighing the effect of sanctions on the Venezuelan people - and whether they would quickly produce the desired result.
"While this trade has brought benefits, the unfair trading practices used by many Chinese have also harmed those countries' manufacturing sectors, generating unemployment and lowering wages for workers", he said.
Washington may increase political pressure on the Venezuelan government by imposing a ban on oil imports from the country.
Last year's Pew Research Center poll also revealed that 65 percent of Mexicans express a negative opinion of the U.S. as compared to 29 percent in 2015.
The government there has faced widespread criticism over its decision to push up presidential elections under conditions that opponents say overwhelmingly favor President Nicolas Maduro.
The announcement was made during a meeting with Argentinian Foreign Minister Jorge Faurie, after concerns were raised about funds being collected for Hezbollah amongst the country's large Lebanese expatriate community.
Referring to Tillerson's Friday speech insinuating China is a "potential predatory actor", the paper said the current US administration believes it is living during the Cold War, "even though the rest of the world has moved on and is living in 2018".
Maduro shot back, in a video on Facebook, saying that Tillerson "has just threatened us with an oil boycott".
Velit told Andina news agency that Tillerson's trip happens at a moment in which there are some concerns about the United States' behavior on the global scene. "We are prepared to be free and nothing and no one is going to stop us".
The U.S. has already placed sanctions on several high-ranking Caracas officials as well as a ban on financial dealings with the country and its state oil company, PDVSA.
Maduro has accused the USA and its allies of trying to undermine his socialist government. Sanctioning oil exports could make matters much worse.
Bill Haas shoots 64 to take Phoenix Open lead
He finished fourth in the event last year and was runner-up the year before when he lost in a playoff to Hideki Matsuyama . With the long odds, I like Mickelson as a dark horse option. "It's very helpful and very important to my success ".
Asus ZenFone 5 Series smartphones might launch at MWC 2018
Since the last year's Zenfone 4 Pro came with Snapdragon 835 SoC, we might see the Zenfone 5 Pro with Snapdragon 845 SoC on 2018. Coming back to this news, Recently at WiFi Alliance one Asus Device with model number ASUS_X00QD is certified.
4 injured in LA middle school shooting
Benjamin Urbina, who was in the classroom at the time of the incident, told reporters the suspect thought the gun was a toy. The gunfire broke out at 08:55 local time (16:55 GMT) at Salvador Castro Middle School in the Westlake District.
Stormy Daniels Is Coy on Rumored Affair With Trump
Hours before she was set to appear on the show, Daniels issued a surprise statement in which she flatly denied the affair in 2006. Daniels was slated to appear on The View Thursday, but Inside Edition has confirmed she will not appear on the daytime talk show.
Oil prices shrug off USA record
On Friday, the price of Brent crude was up 0.09% to $69.85 a barrel, having earlier returned to the $70 level after three days. One thing necessary for the market to stay in balance will be a continued rise in USA shale production, says Goldman.
Andre Drummond replacing John Wall in All-Star game
Additionally, Drummond's making 54.9 percent of his shots and 61.9 percent of his free throws, another drastic improvement. After Drummond was given the All-Star game berth, Brown took to Twitter to show his confusion at the perceived snub .