Washington will start to relax restrictions placed on U.S.-based oil company Chevron with regards to its crude business in sanctioned Venezuela. Chevron will soon be able to negotiate directly with the Venezuelan government and its state-run oil company, PDVSA, with the final details of the new arrangement expected to be complete as early as today.
The move is thought to support the talks between Venezuela’s socialist government led by Nicolas Maduro and the Western-backed opposition government led by Juan Guaido, the Washington Post reported…United States To Release Venezuela From Some Oil Sanctions
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