Tag: oil diplomacy
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The Real Reason Washington Wants Venezuela’s Oil
Understanding the Core Motivation The United States has long pursued a strategic objective that goes beyond simple energy security: securing a reliable supply of heavy crude to power its Gulf Coast refineries. Venezuela, home to some of the world’s most substantial heavy sour crude reserves, sits at the center of this equation. Washington’s interest in…
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Trump pressures Venezuela to sever ties with China and Russia to secure oil partnership
Exclusive: Trump administration sets conditions for Venezuela oil revival The Trump administration has laid out a bold set of prerequisites for Venezuela to regain access to its oil production, with an explicit demand that Caracas expel its current foreign partners and align its energy policy with Washington’s goals. According to three people familiar with the…