Geopolitics

U.S. Treasury Issues New License Easing Venezuelan Oil Operations - teleSUR English

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DW NOTE

Washington just eased sanctions on Venezuelan oil while the Strait of Hormuz stays shut and Brent sits at $109. The U.S. needs barrels from somewhere, and Caracas just became more attractive than Tehran. Call it pragmatism or call it desperation—either way, ideology takes a back seat when refineries run short.

Read the full story at teleSUR English →

The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

U.S. Treasury Issues New License Easing Venezuelan Oil Operations - teleSUR English

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