July 31, 2024

Fuel rationing plunges oil-rich Venezuela deeper into crisis

NewsNet retrieved

State oil company Petroleos de Venezuela SA is rationing fuel nationwide, according to a person familiar with the matter, who asked not to be identified because the information isn’t public. The move is partially a result of two of the country’s biggest refineries suffering serious breakdowns in recent weeks amid sweeping U.S. government sanctions banning the sale of gasoline to the country. by Fabiola Zerpa. Full Text-> LiveMint

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