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US defends Venezuela oil deal as Chevron expands, citing China/Russia expulsion
Financial Times·US · VE · CN·1 day ago
US Secretary of State Rubio publicly defended an oil agreement with NABEP, a private firm led by a controversial businessman, to exploit Venezuelan crude. He stated the company faces no US investigations and emphasized economic potential under supervision. The deal signals potential US policy shift toward engaging with Venezuela's oil sector despite sanctions.