July 29, 2024

Venezuela’s oil exports sink to 17-year low, choked by U.S. sanctions

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 Venezuela’s oil exports plummeted in May to their lowest level since 2003 as U.S. sanctions choked exports and two Mexican firms that had acted as intermediaries for Venezuelan crude sales stopped receiving oil, Refinitiv Eikon data and internal shipping documents from state-run energy company PDVSA showed. By Marianna Parraga. Full Text -> Reuters

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