💨 Abstract

Government officials from Venezuela and the U.S. are discussing the export of Venezuelan crude oil to U.S. refiners. This deal could divert supplies from China and help Venezuela's state oil company, PDVSA, avoid deeper production cuts due to a U.S. blockade. The blockade, part of rising U.S. pressure on Venezuelan President Nicolas Maduro, has left millions of barrels of oil stranded.

Courtesy: theprint.in