a few seconds agoCNN finds out how the US is planning to ban oil import from Russia
Periskopi(4 years ago)
(4 years ago)The US is considering the possibility of easing sanctions on Venezuela so that the country can start producing more oil and sell it on the international market, according to a person with direct knowledge on the issue, CNN reports. This measure would be aimed at reducing global dependence on Russian oil in the middle [...]
The move would be aimed at reducing global dependence on Russian oil in the midst of the Russian invasion of Ukraine and the isolation of Russia by one of its major allies in South America, the American media's source, Report Express said.
Biden administration officials, including National Security Council Director for the Western Hemisphere Juan Gonzalez and the US special presidential envoy for hostage issues, Roger Carstens, were sent to Macau over the weekend for talks on the issue, the source said, as well as to discuss the American issue.
Washington imposed oil sanctions from Venezuela in 2019 and closed the American Embassy in Caracas after viewing Venezuelan President Nicolas Maduro's victory in the 2018 elections as theft.
US Secretary of State Antony Blinken said Sunday that the US and allies are actively exploring ways to prevent Russian oil imports, thus further damaging Russia's economy. The West has been reluctant so far to impose significant sanctions on Russia's energy sector due to its impact on the global economy, but is now approaching this as Europe is working to diversise its energy sources.
