The United States will also extend temporary protections for roughly 600,000 Venezuelan migrants in the United States.

The US announces an increased $25 million reward for information leading to the arrest of Venezuelas President Maduro on day he's sworn in for a third term.

Venezuelan President Nicolas Maduro was sworn in for a third term on Friday, despite a six-month-long election dispute and international calls for him to stand aside. The US bounty has been raised to 25 million for his capture.