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Under his plan, state-owned oil company PDVSA would permit private companies to import and distribute fuel, theoretically avoiding U.S. sanctions aimed at state entities, according to people familiar with the matter. This would be accompanied by a price hike, they said. By Fabiola Zerpa and Nicolle Yapur. Full Text -> Bloomberg
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¿What the evidence says about the effects of the sanctions?
With no fair elections in sight, oil sanctions return.