Geopolitics

Venezuelan delegation in New York seeks debt, energy deals - Free Malaysia Today

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DW NOTE

Venezuela negotiating debt and energy deals in New York while Brent sits at $99.71 and the Strait of Hormuz stays closed. Caracas has defaulted on $150 billion in sovereign and PDVSA bonds since 2017 — bondholders get about 15 cents on the dollar in past restructurings. The timing isn't subtle: oil importers need barrels, and Venezuela needs anything that isn't bolivars.

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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

Venezuelan delegation in New York seeks debt, energy deals - Free Malaysia Today

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