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Venezuela to Increase Oil Exports to One Of Its Top Buyers

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World Socialist Web Site |
The new measures would represent the most aggressive US siege against Venezuela’s economy thus far, posing the threat of mass death and a renewed exodus.
Reuters |
Assuming Washington were to impose secondary tariffs and that China and India, the two main buyers of Russian and Iranian crude, were to cut their imports, that would likely lead to a huge supply gap...

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US sanctions and “secondary tariffs” begin to shut down Venezuela’s oil sector
The new measures would represent the most aggressive US siege against Venezuela’s economy thus far, posing the threat of mass death and a renewed exodus.
Venezuela to Increase Oil Exports to One Of Its Top Buyers Despite U.S. Sanctions Threat
The Trump administration threatened on Monday to impose 25% tariffs to countries that buy oil or gas from Venezuela
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President Donald Trump has authorized a 25% tariff on goods from countries purchasing oil and gas from Venezuela, which
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Spain's Repsol is in an "open and fluid dialogue" with U.S. authorities as it explores ways to keep operating in Venezuela after Washington moved to revoke its license to export oil from the country,
Oil prices climb 2% to five-week high on Russia, Iran supply worries
Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more tariffs on Russia and to possibly attack Iran.
US to revoke authorizations to foreign partners of Venezuela’s PDVSA, sources say
The US government has notified foreign partners of Venezuelan state oil company PDVSA of the imminent cancellation of authorizations that allow them to export Venezuelan oil and byproducts,
US extends Chevron's wind-down in Venezuela after Trump unveils 25% tariff
The U.S. extended Chevron's wind-down of oil exports from Venezuela by two months on Monday, after President Donald Trump said that any country buying oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States.
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What Next For Venezuela As Trump Goes After Oil Revenues?
Trump, who is seeking to force out authoritarian President Nicolas Maduro, has also announced plans for 25 percent tariffs on imports from any country buying Venezuelan oil and gas.
Secret Biden Deal Allowed Chevron to Pay Venezuela Millions
The Biden administration secretly permitted Chevron Corp. to pay hundreds of millions of dollars to the Venezuelan government despite a license that explicitly prohibited such disbursements, according to people familiar with the matter.
Trump revokes permission for Chevron, Repsol and other Western companies to export crude oil from Venezuela
The Trump administration has acted swiftly as it ramps up the economic pressure on Venezuela's President Nicolás Maduro.
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Trump open to extending Chevron's license to produce oil in Venezuela, WSJ reports
President Donald Trump is considering extending Chevron's license to pump oil in Venezuela, people familiar with the matter told The Wall Street Journal. Trump said in late February that he would reverse a Biden administration decision that allowed Chevron ...
EE.UU. extiende plazo a Chevron para concluir operaciones en Venezuela
La administración Trump amplió el plazo de Chevron Corp. para detener sus operaciones en Venezuela, luego de los esfuerzos del gigante petrolero con sede en Texas.
Trump Considers Extending Chevron License to Pump Oil in Venezuela, WSJ Reports
(Reuters) - The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on other countries that do business with the South American nation, the Wall Street Journal reported on Thursday, citing people familiar with the discussions.
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India and China no longer buying crude from Venezuela after Trump's threats
The United States imposing a 25% tariff on countries importing oil and gas from Venezuela starting next month has already taken its toll on Caracas' coffers as India and China —accounting for over 50% of its crude exports— have halted purchases.
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