US Officials Meet With Regime in Venezuela, to Discuss Oil Exports to Replace Russia’s

The Biden administration is seeking to ease oil sanctions on Venezuela as part of a broader US strategy to temper oil prices that have skyrocketed because of Russia’s war in Ukraine, according to people familiar with the matter.

US officials began rare face-to-face meetings with Venezuelan officials in Caracas over the weekend, with a view to allowing Venezuelan crude oil back on to the open international market, these people said.

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