The United States on Tuesday
ramped up pressure on Venezuela by blacklisting a subsidiary of
Russian state oil major Rosneft that President Donald Trump's
administration said provides a financial lifeline to President
Nicolas Maduro's government.
Australian shares are poised to rise
marginally at the open on Wednesday ahead of corporate results
of blue-chip companies, including miner Fortescue Metals Group
and retail conglomerate Wesfarmers Ltd .
U.S. President Donald Trump
on Tuesday blasted proposals that could hinder U.S. companies
from supplying jet engines and other components to China's
aviation industry and said he had instructed his administration
to prevent such moves.