U.S. Officials Meet With Regime in Venezuela, to Discuss Oil Exports to Replace Russia's
The Biden administration is seeking to ease oil sanctions on Venezuela as part of a broader U.S. strategy to temper oil prices that have skyrocketed because of Russia’s war in Ukraine, according to people familiar with the matter.
U.S. officials began rare face-to-face meetings with Venezuelan officials in Caracas over the weekend, with a view to allowing Venezuelan crude oil back on to the open international market, these people said.
The administration also wants to isolate Russia from its most important ally in South America, Venezuela, an essential supplier of crude to the U.S. until economic mismanagement and then sanctions caused the nation’s oil sector to crater.
https://www.wsj.com/articles/u-s-officials-meet-with-regime-in-venezuela-to-discuss-oil-exports-to-replace-russias-11646591752?mod=djemalertNEWS
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