U.S. reaches out to Venezuela amid possible Russia oil embargo
MIAMI Senior U.S. officials secretly traveled to Venezuela over the weekend in a bid to unfreeze hostile relations with Vladimir Putins top ally in Latin America, a top oil exporter whose re-entry into U.S. energy markets could mitigate the fallout at the pump from a possible oil embargo on Russia.
The outcome of the talks with President Nicolas Maduros government wasnt immediately clear.
The surprise visit came together after months of quiet backchannelling by intermediaries American lobbyists, Norwegian diplomats and international oil executives who have been pushing for Biden to revisit the failed maximum pressure campaign to unseat Maduro he inherited from the Trump administration.
But the impetus for a risky outreach to Maduro who has been sanctioned and is indicted in New York on drug trafficking charges took on added urgency following Russias invasion of Ukraine and ensuing U.S. sanctions, which promises to reshuffle global alliances and add to rising gas prices driving inflation already at a four decade high. Powerful Democrats and Republicans alike on Capitol Hill last week began voicing support for a U.S. ban on Russian oil and natural gas imports as the next step to punish Putin over the invasion.
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