Venezuelan opposition leader Juan Guaido has arrived back in Venezuela to renew his campaign to topple the government of President Nicolas Maduro.

In recognising opposition leader Juan Guaido as president, the US misread the 100,000-strong army’s loyalty to dictator Nicolas Maduro, say Jeffrey Sachs and Francisco Rodríguez.

Ireland has become the latest EU country to recognise Juan Guaidó as the interim President of Venezuela.

The Venezuelan opposition leader who has declared himself the country's rightful president has said US sanctions against the state-owned oil company fall in line with requests politicians have made to "protect" the nation's assets abroad.