US Allows China to Purchase Venezuelan Oil But Not at ‘Undercut’ Prices of Maduro Days, Official Says

(Reuters) – The Trump administration is allowing China to purchase Venezuelan oil but not at “unfair, undercut” prices at which Caracas sold the crude before the U.S. removed its leader Nicolas Maduro, an administration official said on Thursday. While the oil will be sold in the global marketplace, the U.S. administration has required that the … Read more