EnergyHighPartialAccelerating
8.6
US-Venezuela oil deal: majors shun 65B-barrel fields, citing legal risk
El DeberLO·US · VE·2 days ago
President Trump stated the US is importing millions of barrels of oil from Venezuela, citing an 'extraordinary' relationship with the Venezuelan government. This marks a notable shift from prior US sanctions policy targeting Venezuela's oil sector, though details on the arrangement remain unclear. The move could signal a broader geopolitical realignment and impact global oil markets.
Entities