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Washington resells Venezuelan crude, Beijing accuses unilateral confiscation

The United States has decided to import and resell 50 million barrels of embargoed Venezuelan oil, triggering a price drop and a strong diplomatic reaction from China, Caracas’ main energy partner.

Washington resells Venezuelan crude, Beijing accuses unilateral confiscation

CountriesChine, Cuba, États-Unis
SectorPétrole
ThemePolitique & Géopolitique

The United States has announced a deal allowing the transfer and commercialisation of approximately 50 million barrels of crude oil blocked in Venezuela, previously destined for China. This operation, orchestrated by the administration of President Donald Trump, aims to unblock Venezuelan stockpiles frozen for years due to economic sanctions imposed on Caracas.

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