Washington Takes Control of Venezuelan Oil for Indefinite Period
The Trump administration announces its intention to dictate Venezuela’s decisions and control the marketing of its oil. Between 30 and 50 million barrels would be ceded to the United States, according to the American president.
| Companies | PDVSA, OPEP |
|---|---|
| Sector | Pétrole |
| Theme | Politique & Géopolitique |
The American administration officially announced Wednesday its grip on the Venezuelan oil sector following the capture and detention in the United States of President Nicolas Maduro. White House spokesperson Karoline Leavitt stated that Washington would continue to “dictate” the decisions of Venezuelan authorities. Energy Secretary Chris Wright specified that the United States would control the marketing of Venezuelan oil “for an indefinite period.”
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